High Commissioner of Australia Barry O’Farrell said he will talk with Indian counterparts to upgrade the Economic Cooperation and Trade Agreement (ECTA) to the level of a “full Comprehensive Economic Partnership Agreement (CEPA)”.
Australian Prime Minister Anthony Albanese will be visiting India this week and said his PM’s visit would provide a big boost to bilateral ties as both governments.
“We are in talks to upgrade the interim trade agreement to the level of a Comprehensive Economic Partnership Agreement (CEPA).
The ECTA, an interim trade pact, was signed in 2022. It was understood back then that the two sides would use the interim deal as a stepping stone for a “full scale” Free Trade Pact. During the visit, Don Farrell, Australian Minister for Trade and Tourism, who will be part of Albanese’s delegation, is expected to meet his Indian counterpart, Piyush Goyal.
thehindu.com