On Tuesday, Australian Prime Minister Anthony Albanese stated that his
government has approved a free trade agreement (FTA) with India. Australia
believes this deal will help them gain a footing in the fastest-growing
economy in the world and give their firms access to a market of roughly 1.5
billion potential customers. In a statement released last week, Australian
Trade Minister Don Farrell hailed the agreement as a “massive opportunity”
for Australian service providers to enter the 140-crore-strong Indian
market. He added that from food and agriculture to technology and green
energy to health and education services, “India has extraordinary growth
potential for Australian companies.”
government has approved a free trade agreement (FTA) with India. Australia
believes this deal will help them gain a footing in the fastest-growing
economy in the world and give their firms access to a market of roughly 1.5
billion potential customers. In a statement released last week, Australian
Trade Minister Don Farrell hailed the agreement as a “massive opportunity”
for Australian service providers to enter the 140-crore-strong Indian
market. He added that from food and agriculture to technology and green
energy to health and education services, “India has extraordinary growth
potential for Australian companies.”
