Australian media applauds the trade agreement with India.

Former Australian senator Lisa Singh says the Australia-India trade deal was more than ten years in the making . The deal was seen as an opportunity to boost trade in several sectors on both sides .

Canberra, Australia (Australia), November 25: Former Australian senator Lisa Singh said that the Australia-India trade deal was more than ten years in the making and was seen as an opportunity to boost trade in several sectors on both sides when China placed economic sanctions on USD 20 billion worth of Australian exports, citing the fact that both countries are a four-nation alliance, including the Indo-Pacific Economic Forum (IPEF), as the country's greatest trade partner.However, the gap only serves to highlight the enormous opportunity that was open this week when the Australian Parliament signed a new trade agreement with India, according to her.The trade agreement facilitated by ECTA will open a new chapter in the India-Australia Comprehensive Economic Partnership between two vibrant economies with common interests and trade complementarities.Analysts say the agreement also signals a green light to Australia to cut its reliance on China.

The ECTA, Goyal said, would improve several sectors of the economy, particularly textiles, gemstones, jewellery, and pharmaceuticals.He said that the deal would also open up new opportunities for the service industry in India and would greatly benefit students by giving them the opportunity to work in Australia.

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