India-Australia - Interim Trade Agreement

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.

  • Besides Australia, India is currently in the process of negotiating FTAs with the UK, Canada, the EU and Israel.

Interim Trade Agreement: Opportunities

  • Areas: The agreement will cover “most areas of interest for both countries” including goods, services, rules of origin, sanitary and phytosanitary measures and customs procedures.
  • Sectors: The agreement would bring opportunities across sectors including mining, pharmaceuticals, health, education, renewables, railways, gems and jewellery, tourism, defence and textiles.
  • Market Access: Australia is likely ....
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