Australia-India Economic Cooperation and Trade Agreement (AI-ECTA – Official Text)-02/04/2022

advtanmoy 23/11/2022 2

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) was signed by then Minister for Trade, Tourism and Investment Dan Tehan and India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles of India Piyush Goyal on 2 April 2022.

Text of Chapters and Annexes

READ: Joint Statement on Australia-India Economic Cooperation and Trade Agreement (AI-ECTA)-02/4/2022

DATE: 2 April 2022

Preamble and Table of Contents

Chapter 1 Initial Provisions and General Definitions
Chapter 2 Trade in Goods
Annex 2A (Tariff Commitments)
Section 2A (Tariff Schedule of Australia)
Section 2A (Tariff Schedule of India)
Chapter 3 Trade Remedies
Chapter 4 Rules of Origin

Annex 4A (Minimum Information Requirements)
Annex 4B (Product-Specific Rules of Origin)

Chapter 5 Customs Procedures and Trade Facilitation
Chapter 6 Sanitary and Phytosanitary Measures
Chapter 7 Technical Barriers to Trade
Annex 7A Pharmaceuticals
Chapter 8 Trade in Services
Annex 8A Financial Services
Annex 8B Telecommunications Services
Annex 8C Professional Services
Annex 8D Foreign Investment Framework
Annex 8E Schedules of Specific Commitments – Schedule of India
Annex 8F Schedules of Non-Conforming Measures – Schedule of Australia
Chapter 9 Temporary Movement of Natural Persons
Annex 9A Schedule of Specific Commitments of Australia
Annex 9A Schedule of Specific Commitments of India
Chapter 10 Transparency
Chapter 11 General Provisions and Exceptions
Chapter 12 Administrative and Institutional Provisions
Chapter 13 Dispute Settlement
Chapter 14 Final Provisions

Side Letters

Trade and Production of Wine – Australia to India
Trade and Production of Wine – India to Australia

Trade in Organic Goods – Australia to India
Trade in Organic Goods – India to Australia

Post-Study Work Visas – Australia to India
Post-Study Work Visas – India to Australia

Taxation – Australia to India
Taxation – India to Australia

Work and Holiday Visas – Australia to India
Work and Holiday Visas – India to Australia

Whisky and Other Alcoholic Beverages – India to Australia
Whisky and Other Alcoholic Beverages – Australia to India

Wine (Most-Favoured-Nation Treatment) – India to Australia
Wine (Most-Favoured-Nation Treatment) – Australia to India

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    • 23/11/2022 at 17:16 #118296
      advtanmoy
      Keymaster

      The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) was signed by then Minister for Trade, Tourism and Investment Dan Tehan and India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles of India Piyush Goyal on 2 April 2022.

      [See the full post at: Australia-India Economic Cooperation and Trade Agreement (AI-ECTA – Official Text)-02/04/2022]

    • 23/11/2022 at 17:40 #118297
      advtanmoy
      Keymaster

      Australian parliament approves free trade agreement with India

      ECTA will be greatly welcomed by our business communities: PM

      22 NOV 2022

      The Prime Minister, Shri Narendra Modi has thanked Australian PM, Anthony Albanese as Australian parliament approves free trade agreement with India.

      Shri Modi also said that Economic Cooperation and Trade Agreement (ECTA) will be greatly welcomed by our business communities, and will further strengthen the India-Australia Comprehensive Strategic Partnership.

      In response to a tweet by Australian PM, Anthony Albanese, the Prime Minister tweeted;

      “Thank you PM @AlboMP! The entry into force of IndAus ECTA will be greatly welcomed by our business communities, and will further strengthen the India-Australia Comprehensive Strategic Partnership.”

       

      Thank you PM @AlboMP! The entry into force of Ind-Aus ECTA will be greatly welcomed by our business communities, and will further strengthen the India-Australia Comprehensive Strategic Partnership. https://t.co/7gdaFNKTOw

      — Narendra Modi (@narendramodi) November 22, 2022

    • 23/11/2022 at 18:41 #118298
      advtanmoy
      Keymaster

      Free trade agreements

      A free trade agreement (FTA) is an international treaty between two or more economies that reduces or eliminates certain barriers to trade in goods and services, as well as investment.

      FTAs can improve market access across all areas of trade – goods, services and investment – and help to maintain and stimulate the competitiveness of Australian firms. This benefits Australian consumers through access to an increased range of better-value goods and services.

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