India and Australia resume FTA talks in Sydney, expanding on ECTA, adding space, mining, and sports sectors.

India and Australia will resume comprehensive FTA talks in Sydney, focusing on market access in goods and services. They've already implemented an interim pact, ECTA, in December 2022, offering duty-free access for Indian exporters in 6,000 sectors and 96.4% of Australian exports. The upcoming FTA negotiations will include new areas like space, mining, and sports. Australia is a key trading partner for India in the Oceania region, with $24B merchandise trade in 2023-24.

August 18, 2024
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