Australia-India Trade Deal to Take Effect This Month
A trade deal between Australia and India will officially take effect Dec. 29 after India’s government this week “completed its domestic requirements” to enact the agreement, Australia said. Beginning later this month, the Australia-India Economic Cooperation and Trade Agreement will…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
remove tariffs on 85% of Australian exports to India, while high tariffs on another 5% of goods will be phased down over time. Australia also said its importers will “save around $500 million in tariffs on imports of finished goods, and inputs to our manufacturing sector.” USDA warned earlier this year that the trade deal could pose challenges for U.S. trade, including for prospects of American food and agricultural products in the Indian market (see 2205060032).