India, Australia discuss early closure of trade deal signed 7 months ago

Both nations to hold annual joint ministerial commission meeting early next year

The free trade agreement that was signed by India and Australia earlier this year is expected to be implemented soon, an official statement released by the commerce and industry ministry said.

While both nations had signed an interim free trade deal—Economic Cooperation and Trade Agreement (ECTA) in April, the ratification of the deal in the Australias Parliament remains pending amid the procedural delays caused by the formation of a new government in Australia.

Commerce and industry minister Piyush Goyal and Don Farrell, Minister of Trade and Tourism of Australia on Tuesday virtually discussed the trade pact–IndAus ECTA--that was signed seven