Trade pact with Australia anchors India’s economic engagement in Indo-Pacific: Piyush Goyal

NEW DELHI: Commerce and Industry Minister Piyush Goyal on Monday said that as the Comprehensive Economic Cooperation Agreement (CECA) negotiations advance with other nations, India-Australia trade pact continues to anchor the country’s economic engagement in the Indo-Pacific, aligned with ‘Make in India’ and the vision of ‘viksit Bharat 2047’.

From January 1, 2026, 100 per cent Australian tariff lines will be zero-duty for Indian exports, unlocking fresh opportunities for labour-intensive sectors, Goyal informed.

On the third anniversary of the India-Australia Economic Cooperation and Trade Agreement (Ind-Out of ECTA), the minister said that we are celebrating a partnership that has translated intent into impact.