India, Australia Working On Comprehensive Trade Pact: PM Modi
NDTV
The two countries have already signed India-Australia Economic Cooperation and Trade Agreement (ECTA), he said expressing hope the pact will help in doubling the two-way commerce in the next five years.
Prime Minister Narendra Modi on Tuesday said India and Australia are working on a Comprehensive Economic Cooperation Agreement (CECA), and exuded confidence that the bilateral trade will more than double in five years.
The two countries have already signed India-Australia Economic Cooperation and Trade Agreement (ECTA), he said expressing hope the pact will help in doubling the two-way commerce in the next five years.
Addressing a community event at Sydney's Qudos Bank Arena, the Prime Minister said the two countries are now working on CECA.
"We are building a resilient and reliable supply chain. This will strengthen the business of both countries," he said.
