India–Australia ECTA Marks Four Years

The India-Australia Economic Cooperation and Trade Agreement continues to enhance bilateral trade and sectoral cooperation. The agreement provides for expanded market access and increased trade flows between the two countries.

India–Australia Economic Cooperation and Trade Agreement (ECTA):

Dimension	Key Details
Signing	Has been signed in 2022.
Trade Growth	Provides for increase in India’s exports to Australia from USD 4 billion in FY 2020–21 to USD 8.5 billion in FY 2024–25.
Total Trade	Provides for total bilateral trade of USD 19.3 billion in FY 2025–26 up to February.
Preferential Tariff Access	Provides for India granting access on 70.3% tariff lines and Australia granting access on 100% tariff lines covering all imports from India.
Zero-Duty Access	Provides for all Indian exports receiving zero-duty market access in Australia from 1 January 2026.
Sectoral Gains	Comprises increased exports in textiles, pharmaceuticals, chemicals, and agricultural products.
Organic Sector Cooperation	Provides for signing of Mutual Recognition Arrangement in the organic sector.
Strategic Framework	Comprises cooperation in Indo-Pacific region through Quad, Indo-Pacific Oceans Initiative Partnership, and 2+2 ministerial dialogue.
Defence Cooperation	Provides for joint naval exercise AUSINDEX and Mutual Logistics Support Agreement signed in 2021.
Energy Cooperation	Provides for collaboration under Critical Minerals Investment Partnership and renewable energy including green hydrogen.