Courtesy: News 18
The India-Australia Comprehensive Economic Cooperation Agreement will be signed this year. It will complete a unique, two-part trade agreement that will bring India into global trade regimes in a calibrated manner, and with a helping hand. For Australia, with its deep global trading knowledge and pragmatic approach to such agreements, gaining it first-mover advantage in India’s large market is a major win
Courtesy: Gateway House
India and Australia signed an Economic Cooperation and Trade Agreement (ECTA) in December 2022. The ECTA is the first of a unique, two-part trade agreement that will bring India into global trade regimes in a calibrated manner. For Australia, with its global trading knowledge and pragmatic approach, gaining first-mover advantage in India’s large market is a major win. This case study explains the elements of ECTA.
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The India-Australia bilateral is one of the most promising new partnerships within India’s circle of trusted countries. It is multi-dimensional and modern, ranging from enhanced people-to-people ties, to deepening government engagement, to futuristic technology and digital services. The free trade agreement can be a model for others seeking similar ties with India.
Courtesy: Gateway House
The signing of the Economic Cooperation and Trade Agreement between India and Australia in April, shows how well Australia has understood its new economic partner. In this special podcast, Lisa Singh, CEO, Australia-India Institute, and Manjeet Kripalani, Executive Director, Gateway House, have a wide ranging discussion on areas of strategic cooperation from trade, digital governance, connectivity and maritime security, to multilateral engagement in G20 and the Quad.
Courtesy: Australian High Commission
New global economic, military and political alliances are taking shape, and call for like-minded nations to calibrate their strategic, long term interests. The new India-Australia economic trade agreement is reflective of this. It also folds in a critical element: wide cooperation in cyber security, which now impacts the economy, democratic institutions and warfare. India has much to learn from Australia’s low key but smart cyber expertise.
Courtesy: MEA/Flickr
At the 4 June, India-Australia, virtual summit, one of the most critical, among several agreements signed, was the Mutual Logistics Support Agreement (MLSA). India has logistics support agreements with many countries. How is the MLSA with Australia any different? Given the geo-strategic maritime competition with China, this agreement is uniquely significant and could be especially beneficial for the Indian Navy.