Australia and India hope to achieve a landmark commerce deal by the tip of 2022, in keeping with a joint assertion launched on Friday.
Following commerce ministers’ talks, the 2 Asia-Pacific economies backed the “expeditious negotiation” of a “Complete Financial Cooperation Settlement”.
Ministers Dan Tehan and Piyush Goyal stated the 2 nations would attempt to attain an interim accord “to liberalise and deepen bilateral commerce in items and companies” by the tip of this yr.
They vowed to “conclude the negotiations on a full CECA by the tip of 2022”.
India-Australia commerce was valued round Aus$24 billion (US$17 billion) final yr.
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