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of <h1>India-Australia Trade Agreement Completes Three Years with USD 24 Billion in Bilateral Trade and 14% Export Growth</h1> The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) has completed three years since its signing on April 2, 2022. Bilateral trade reached USD 24 billion in 2023-24, with India's exports to Australia growing by 14% compared to the previous year and continuing to increase by 4.4% in the current fiscal year. The agreement has benefited sectors including textiles, pharmaceuticals, chemicals, and agriculture, with new export products emerging such as Calcined Petroleum Coke and Air Liquefaction Machinery. Electronics and engineering sectors show potential for future growth, while imports of raw materials have supported Indian industries.
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