India and Australia ink an interim free trade deal that cuts tariffs on billions of dollars of commerce as the allies bolster their economic ties
India and Australia are"natural partners, connected by shared values", New Delhi's commerce minister Piyush Goyal said at the signing event.
The Economic Cooperation and Trade Agreement was signed simultaneously in New Delhi and Canberra by India's commerce minister Piyush Goyal and his Australian counterpart Dan Tehan in a joint ceremony on Saturday. Both countries are members of the Quad alliance with the United States and Japan, which is seen as a counterweight to an increasingly assertive China.
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