Team Blitz India
SYDNEY: India and Australia have inked a migration and mobility partnership pact to open up opportunities for students, academic researchers and business people and resolved to conclude a comprehensive trade deal by the end of year to significantly expand economic ties.
The pact was signed in May 24 after wide-ranging talks between Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese.
In his media statement, Albanese said the aim is to conclude the comprehensive economic cooperation agreement (CECA) by the end of the year.
“We reiterated our shared ambition for an early conclusion of the Australia-India comprehensive economic cooperation agreement later this year,” he said in the presence of Modi.
Last year, India and Australia finalised the Economic Cooperation Trade Agreement (ECTA) and it came into force in December last. The two sides are now working on the CECA.