Australia to end tariffs on all Indian exports from January: Goyal
In a significant development that is expected to boost India’s exports to Australia, Commerce Minister Piyush Goyal has announced that Australia will eliminate tariffs on all Indian exports starting January 1, 2026. This move is part of the India-Australia Economic Cooperation and Trade Agreement (ECTA), which was signed three years ago. The agreement has already shown promising results, with sustained export growth, deeper market access, and stronger supply-chain resilience.
Speaking on the third anniversary of the ECTA, Goyal stated that 100% of Australian tariff lines will be zero-duty for Indian exports from January 2026. This means that Indian exporters will no longer have to pay any tariffs on their exports to Australia, making their products more competitive in the Australian market. The elimination of tariffs is expected to increase India’s exports to Australia, which will have a positive impact on India’s trade balance and economy.
The India-Australia ECTA is a comprehensive agreement that aims to promote trade and investment between the two countries. The agreement covers a wide range of areas, including goods, services, investment, and trade facilitation. It also provides for the elimination of tariffs on a significant portion of trade between the two countries. The agreement has been instrumental in increasing trade between India and Australia, with bilateral trade growing significantly since its implementation.
Goyal noted that the agreement has delivered sustained export growth, deeper market access, and stronger supply-chain resilience. He added that the elimination of tariffs on all Indian exports to Australia will further boost trade between the two countries. The minister also emphasized the importance of the ECTA in promoting economic cooperation and trade between India and Australia.
The elimination of tariffs on Indian exports to Australia is a significant development for Indian exporters, who will no longer have to pay tariffs on their exports to Australia. This will make Indian products more competitive in the Australian market, which will lead to an increase in exports. The move is also expected to benefit Australian consumers, who will have access to a wider range of Indian products at competitive prices.
The India-Australia ECTA is part of India’s broader strategy to increase trade and investment with other countries. The Indian government has been actively pursuing trade agreements with other countries to promote economic cooperation and trade. The agreement with Australia is one of the several trade agreements that India has signed in recent years, including agreements with the United Arab Emirates, the United Kingdom, and the European Union.
The elimination of tariffs on Indian exports to Australia is a significant development for the Indian economy, which is expected to benefit from increased trade with Australia. The move is also expected to promote economic cooperation and trade between the two countries, which will have a positive impact on the global economy.
In conclusion, the announcement by Commerce Minister Piyush Goyal that Australia will eliminate tariffs on all Indian exports from January 2026 is a significant development that is expected to boost India’s exports to Australia. The move is part of the India-Australia Economic Cooperation and Trade Agreement (ECTA), which has already shown promising results. The elimination of tariffs on Indian exports to Australia will make Indian products more competitive in the Australian market, leading to an increase in exports. The move is also expected to benefit Australian consumers, who will have access to a wider range of Indian products at competitive prices.
The India-Australia ECTA is a comprehensive agreement that promotes trade and investment between the two countries. The agreement has been instrumental in increasing trade between India and Australia, with bilateral trade growing significantly since its implementation. The elimination of tariffs on all Indian exports to Australia is a significant development that will further boost trade between the two countries.
As India and Australia continue to promote economic cooperation and trade, the elimination of tariffs on Indian exports to Australia is a significant step forward. The move is expected to have a positive impact on the Indian economy, which will benefit from increased trade with Australia. The agreement is also expected to promote economic cooperation and trade between the two countries, which will have a positive impact on the global economy.
The Indian government has been actively pursuing trade agreements with other countries to promote economic cooperation and trade. The agreement with Australia is one of the several trade agreements that India has signed in recent years. The elimination of tariffs on Indian exports to Australia is a significant development that will further boost trade between the two countries.
In the coming years, India and Australia are expected to continue to promote economic cooperation and trade. The elimination of tariffs on Indian exports to Australia is a significant step forward, which will make Indian products more competitive in the Australian market. The move is also expected to benefit Australian consumers, who will have access to a wider range of Indian products at competitive prices.
Overall, the announcement by Commerce Minister Piyush Goyal that Australia will eliminate tariffs on all Indian exports from January 2026 is a significant development that is expected to boost India’s exports to Australia. The move is part of the India-Australia Economic Cooperation and Trade Agreement (ECTA), which has already shown promising results. The elimination of tariffs on Indian exports to Australia will make Indian products more competitive in the Australian market, leading to an increase in exports.
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