News

India signs trade agreement with Australia

India has signed a trade agreement with Australia. The two countries virtually signed the agreement on Saturday. The Prime Ministers of both the countries took part in this virtual event. Qatar-based Al Jazeera reported the news in a report.

According to the Hindustan Times of India, the agreement will end the impasse between the two countries and facilitate bilateral trade. This will benefit both parties.

Over the next five years, India’s exports to Australia are expected to increase from 28 billion to 45 billion.

Union Commerce Minister Piyush Goyal spoke about the agreement. “Our exports to Australia have grown at an all-time high in the last 12 months,” he said. The agreement will further strengthen the India-Australia partnership.

According to Reuters, the new agreement exempts taxes on over 75 per cent of Australian goods imported into India. The export value of these items is about 12.6 billion Australian dollars. Australia will no longer have to pay taxes to India on exports of many items such as mutton, wool, copper, coal, alumina, fresh Australian rock lobster.

Regarding the agreement, Indian Prime Minister Narendra Modi said, “Consensus on such an important agreement in such a short period of time shows the mutual trust between the two countries. This is truly a historic moment for our bilateral relations. “

Australian Prime Minister Scott Morrison said: “Our level of cooperation has increased significantly since the announcement of the Strategic Partnership in a Wider Area.

Related Articles

Back to top button
Stream TV Pro - Sports News, Entertainment News, Live Streaming and Videos News - Stream TV Pro World - Stream TV Pro Sports - Stream TV Pro Entertainment - Stream TV Pro Games - Stream TV Pro Real Free Instagram Followers PayPal Gift Card Generator Free Paypal Gift Cards Generator Free Discord Nitro Codes Free Fire Diamond Free Fire Diamonds Generator Clash of Clans Generator Roblox free Robux Free Robux PUBG Mobile Generator Free Robux 8 Ball Pool Brawl Stars Generator Apple Gift Card Access Tv Pro - Breaking News, Sports, Health, Entertainment, Business, and More News - Access Tv Pro World - Access Tv Pro Sports - Access Tv Pro Entertainment - Access Tv Pro Health - Access Tv Pro Business - Access Tv Pro Science - Access Tv Pro Technology - Access Tv Pro A2Z Streaming - Breaking News, Sports News, Entertainment and More News - A2Z Streaming Sports - A2Z Streaming Entertainment - A2Z Streaming Science - A2Z Streaming Technology - A2Z Streaming Health - A2Z Streaming Covid 19 - A2Z Streaming Free V Bucks Generator 2022 Robux Generator 2022 Free Robux Generator Get Unlimited Robux Stream Free Movies & TV Shows Stream Free Movies & TV Shows Transmitir películas y programas de televisión gratis Trasmetti film e programmi TV gratuiti Diffusion gratuite de films et d'émissions de télévision Stream gratis films en tv-programma's Безплатни филми и телевизионни предавания 流媒体电影和电视节目 Filmy a televizní pořady zdarma Stream gratis film og tv-shows უფასო ფილმები და სატელევიზიო გადაცემები Kostenlose Filme und Fernsehsendungen streamen Ρεύμα Δωρεάν ταινίες και τηλεοπτικές εκπομπές Patak ingyenes filmek és TV-műsorok Streaming Film & Acara TV Gratis 무료 영화 및 TV 프로그램 스트림 Strumieniowe filmy i programy telewizyjne Transmitir Filmes e Programas de TV Gratuitos Transmiteți filme și emisiuni TV gratuite Поток бесплатных фильмов и сериалов Бесплатни филмови и ТВ емисије Filmy bez televízneho vysielania a televízne programy Strömma gratis filmer och TV-program สตรีมภาพยนตร์และรายการทีวีฟรี Stream Ücretsiz Filmler ve TV Şovları Потокові безкоштовні фільми та телешоу Oqimsiz filmlar va seriallar Phát trực tuyến phim và chương trình truyền hình miễn phí Watch Movies Genre "Action" Full Movie Online Free Watch Movies Genre "Adventure" Full Movie Online Free Watch Movies Genre "Animation" Full Movie Online Free Watch Movies Genre "Comedy" Full Movie Online Free Watch Movies Genre "Crime" Full Movie Online Free Watch Movies Genre "Documentary" Full Movie Online Free Watch Movies Genre "Drama" Full Movie Online Free Watch Movies Genre "Family" Full Movie Online Free Watch Movies Genre "Fantasy" Full Movie Online Free Watch Movies Genre "History" Full Movie Online Free Watch Movies Genre "Horror" Full Movie Online Free Watch Movies Genre "Music" Full Movie Online Free Watch Movies Genre "Mystery" Full Movie Online Free Watch Movies Genre "Romance" Full Movie Online Free Watch Movies Genre "Science Fiction" Full Movie Online Free Watch Movies Genre "Tv Movie" Full Movie Online Free Watch Movies Genre "Thriller" Full Movie Online Free Watch Movies Genre "War" Full Movie Online Free Watch Movies Genre "Western" Full Movie Online Free Watch Popular Movies Full Movie Online Free Watch Now Playing Movies Full Movie Online Free Watch Top Rated Movies Full Movie Online Free Watch Upcoming Movies Full Movie Online Free Watch Popular Tv Shows HD Free TV Show Watch Top Rated Tv Shows HD Free TV Show Watch Currently Airing Tv Shows HD Free TV Show Watch Airing Today Tv Shows HD Free TV Show Popular People