Current Affairs Question - 04 April 2022

World Watch

Comprehensive Economic Cooperation Agreement (CECA)

Consider the following statements:

  1. Recently, India and Australia announced that they are set to conclude an interim trade agreement in March 2022 and a Comprehensive Economic Cooperation Agreement (CECA) 12-18 months thereafter.
  2. The agreement will cover “most areas of interest for both countries” including goods, services, rules of origin, sanitary and phytosanitary measures and customs procedures.
  3. Dairy, beef and wheat were sensitive sectors for India. Australia would likely seek market access for products in these categories.

Which of the above statement(s) is/are true?

1 and 2
2 and 3
1 and 3
All of the above