Australia-India Economic Cooperation and Trade Agreement (ECTA)
Australian businesses and consumers can now take advantage of the Australia-India Economic Cooperation and Trade Agreement (ECTA), which entered into force on 29 December 2022. Over 85 per cent of Australian goods exports by value to India are now tariff free, rising to 90 per cent by 1 January 2026, and high tariffs have been reduced on some further agricultural products. In addition, 96 per cent of imports from India are now tariff free, rising to 100 per cent by 1 January 2026.
Media release: Trade deal unlocks access to India (29 December 2022)
Media release: Trade deal with India delivers from 29 December 2022
ECTA helps secure access to the fast-growing Indian market of over 1.4 billion people and gives Australian businesses opportunities for trade diversification. For more information, refer to the outcomes documents and official text of the Australia-India Economic Cooperation and Trade Agreement.
Negotiations have now resumed for an ambitious Comprehensive Economic Cooperation Agreement (CECA), which will build upon ECTA outcomes to capitalise on the potential for closer economic ties between Australia and India.