India–Australia ECTA completes four years
The India–Australia Economic Cooperation and Trade Agreement (ECTA), signed on 2 April 2022, completed four years on 2 April 2026, with all Indian exports eligible for zero-duty access to Australia from 1 January 2026.
Summary
The India–Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completed four years since its signing on 2 April 2022, the Commerce Ministry said on 2 April 2026. India's exports to Australia more than doubled from USD 4 billion in FY 2020-21 to USD 8.5 billion in FY 2024-25, and bilateral trade stood at USD 24.1 billion in 2024-25. Under the ECTA, India granted preferential access on 70.3% of its tariff lines (90.6% of trade value), while Australia granted preferential access on 100% of its tariff lines; 98.3% became duty-free at once and the remaining 113 lines were phased out, so that from 1 January 2026 all Indian exports are eligible for zero-duty access into Australia.
Key facts
- Signed
- 2 April 2022
- Bilateral trade 2024-25
- USD 24.1 billion
- India's exports
- USD 4 bn (FY21) to USD 8.5 bn (FY25)
- India's offer
- 70.3% of tariff lines (90.6% of trade value)
- Australia's offer
- 100% of tariff lines
- Zero duty
- All Indian exports from 1 January 2026
Practice MCQs 3 questions
On which date was the India–Australia Economic Cooperation and Trade Agreement (ECTA) signed?
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Correct answer: C — 2 April 2022
The Commerce Ministry said the ECTA was signed on 2 April 2022 and completed four years on 2 April 2026.
From which date are all Indian exports eligible for zero-duty market access into Australia under the ECTA?
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Correct answer: A — 1 January 2026
The ministry said that from 1 January 2026 all Indian exports are eligible for zero-duty access into Australia.
Under the India–Australia ECTA, India granted preferential market access on what share of its tariff lines?
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Correct answer: B — 70.3%
India granted preferential access on 70.3% of its tariff lines, covering 90.6% of trade value; Australia granted it on 100% of its lines, 98.3% of which became duty-free immediately.