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PM Modi terms India-Aus trade pact 'watershed moment' in bilateral ties
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IANS | 29 Dec, 2022
Prime Minister Narendra Modi on Thursday said the India-Australia trade
pact, which came into effect on December 29, is a watershed moment for a
comprehensive strategic partnership between the two countries.
Modi also said that he looked forward to his Australian counterpart Anthony Albanese's visit to India in March.
Earlier,
Australian PM Albanese said that he will visit India in March next year
with a business delegation committed to improving two-way trade between
the two nations.
"The Australia-India Trade Agreement, which
came into force today, will deliver new opportunities to Australian
businesses. At the invitation of PM Modi, I will visit India in March
with a business delegation committed to improving two-way trade between
our two nations," Albanese tweeted.
Modi replied to Albanese's
tweet, saying: "Glad that IndAus ECTA is entering into force today. It
is a watershed moment for our Comprehensive Strategic Partnership. It
will unlock the enormous potential of our trade and economic ties and
boost businesses on both sides. Look forward to welcoming you in India
soon."
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Customs Exchange Rates |
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Import |
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As on 13 Aug, 2022 |
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