abc.net.au/news/australia-to-increase-trade-with-india/102084940The Indian and Australian governments want to increase trade between their countries to $100 billion, and are hoping to finalise an ambitious trade agreement by the end of the year.Last year, the countries signed an interim trade deal, close to a full trade agreement
"The officials had kept a target of $45 or $50 billion in the next five years, both Minister Farrell and I have expressed our unhappiness to the trade negotiators and the teams," India's commerce minister, Piyush Goyal, said. The increased economic links are a part of a major deepening in ties between India Australia this week, after Prime Minister Anthony Albanese toured the country being welcomed by Narendra Modi with a major show of support.
The agreement removed duties on 96 per cent of Indian exports to Australia and 85 per cent of Australian exports to India.After bilateral talks, Mr Goyal and Australian trade minister Don Farrell said they hope to expand the agreement, saying the countries' relationship is growing by "leaps and bounds".
Avocados and pet food from Australia, as well as okra and pomegranate from India, are some goods which may see further reductions in tariffs, the ministers said. "There was an opening up of some elements of agriculture in the [agreement]. With an open mind, we'll be looking at forward movement, wherever there are areas of complementarity and mutual benefit," he said.
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All of you who replied, you need to cc the authors of this article 😀 AvaniDias patidarsom
The Modi government is playing both sides. Modi is tying like, Albo,create an autocratic government in India. He like Albo is trying to divide a very corrupt government.
What a load of right wing political nonsense, China is Australia's largest & most important trading partner. I'm fed up with Australia fighting America's trade wars on their behalf, America would drop us in a heartbeat if they could make an extra dollar out of it.
Modi the monster. Is anyone at all in the Australian media even vaguely interested in why so many Indian nationals are leaving this Hindu fanatic's rule to live here? Anyone
India stands with Russia!
We should be pivoting towards China
Australia would trade with slavers if it meant an increase in our GDP
'as both countries detach from 🇨🇳 ' Other than the headline there is no mention of detaching from 🇨🇳 in the article - so what is the purpose of mentioning it? In fact the article states that 🇨🇳 will remain 🇦🇺 largest trading partner. Poor form . 🤦♂️
Fake news.
Our news articles these days have to mention 'China' to attract viewers
News title is misleading and is as anti-China as always
India is the best
Surely you can export beef and wine to India lol
Good. Should have been done decades ago, but better late than never.
But let's not forget, India continues to support Putin through huge purchases of oil. auspol
Good for India, another bonus after getting some extras from Russia ...they are reaping the benefits of today's divided world
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