• Sun. Feb 18th, 2024

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Australian parliament panel recommends ratification of trade pact with India

An Australian parliamentary committee on treaties has recommended to its government to ratify the trade pact with India, which was inked on April 2 this year here.

The India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needs ratification by the Australian parliament before its implementation. In India, such pacts are approved by the Union Cabinet.

“The Joint Standing Committee on Treaties has recommended the Australian Government ratifies the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA),” according to a release of the Australian Parliament issued on Friday.