‘IndAus ECTA’: Agreement is truly a watershed moment for India-Australia bilateral relations, says PM Modi

Apr 02, 2022

New Delhi, Apr 02 (ANI): Prime Minister Narendra Modi, while addressing the signing ceremony of the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) virtually on April 02, said that the signing of the agreement is truly a watershed moment for India-Australia bilateral relations. “Consensus on such an important Agreement in such a short period of time shows the mutual trust between the two countries. This is truly a watershed moment for our bilateral relations,” he said. “The great potential between our two economies to fulfill each other’s needs. With this Agreement, we’ll be able to benefit from opportunities. On the basis of this Agreement, together we’ll be able to contribute to increasing supply chains resilience and stability of Indo-Pacific region,” he added. IndAus ECTA was signed by Union Minister of Commerce and Industry Piyush Goyal and Australian Minister for Trade Dan Tehan in a virtual ceremony in the presence of Prime Minister Narendra Modi and Australian PM Scott Morrison.