![India-Australia ECTA goes live with 93% trade duty-free](https://images.assettype.com/fortuneindia%2F2022-11%2Fcebcb615-877d-4309-b14f-12875e0ab8e1%2FPM.jpeg?w=300&q=95)
India-Australia ECTA goes live with 93% trade duty-free
The ECTA has the potential to double bilateral trade in goods and services to $45 billion in five years, CII says.
The ECTA has the potential to double bilateral trade in goods and services to $45 billion in five years, CII says.
The India-Australia bilateral trade is expected to increase from the current $31 billion to about $50 billion in the next five years.