Australian PM Anthony Albanese tweets update on Indo-Australian tarde agreement
The prime minister of Australia announced in a tweet that the country’s parliament has approved bilateral free trade agreements with India on Tuesday. The trade deal is essential for Australia to diversify its exports from the Chinese market to India and establish bilateral ties.
The prime minister of Australia announced in a tweet that the country’s parliament has approved bilateral free trade agreements with India on Tuesday. The trade deal is essential for Australia to diversify its exports from the Chinese market to India and establish bilateral ties.
The House of Representatives passed the legislation with ease on Monday, and the Senate passed them into law on Tuesday.
“Our Free Trade Agreement with India has passed through parliament,” tweeted Australian PM Anthony Albanese.
Don Farrell, Australia’s trade minister, claimed that India had proven its dedication to the two countries’ economic ties by the calibre of the agreement reached.
“Closer economic ties with India are a critical component of the government’s trade diversification strategy,” Don Farrell said.
Anthony Albanese, the prime minister of Australia, and PM Narendra Modi previously spoke about the agreement during the Group of 20 conferences in Indonesia. Albanese later said that he will travel to India in March to advance the April accord.