India - Australia sign Historic Economic Cooperation and Trade Agreement (ECTA)

India - Australia sign Historic Economic Cooperation and Trade Agreement (ECTA)

Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is India - Australia sign Historic Economic Cooperation and Trade Agreement (ECTA).

Our Daily Current Affairs Dose 2022 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.

India - Australia sign Historic Economic Cooperation and Trade Agreement (ECTA)

India and Australia signed an Economic Cooperation and Trade Agreement (ECTA) to double bilateral trade in 5 years.

The India - Australia Economic Cooperation and Trade Agreement (ECTA) was signed by Commerce and Industry Minister Piyush Goyal and Trade, Tourism and Investment Minister of Australia Dan Tehan in a virtual ceremony in the presence of Prime Minister Narendra Modi and his Australian counterpart Scott Morrison.

The Economic Cooperation and Trade Agreement (ECTA) encompassing trade in goods and services is a balanced and equitable trade agreement, which will further strengthen the strategic relations between the two countries.

The India - Australia Economic Cooperation and Trade Agreement (ECTA), encompassing trade in goods and services, is a balanced and equitable trade agreement, which will further cement the already deep, close and strategic relations between the two countries and will significantly enhance the bilateral trade in goods and services, create new employment opportunities, raise living standards and improve the general welfare of the peoples of the two countries.(inp:newsOnair)

Read Also: PM Modi participates in QUAD Leaders virtual Summit 2022 | Daily Current Affairs Dose

Important facts for upcoming exams from the above Current Affairs Topic

• Capital of Australia: Canberra
• Largest city of Australia: Sydney
• National language of Australia: English
• Prime Minister of Australia: Scott Morrison
• Total Population of Australia 2021 estimate: Neutral increase 25,859,600 (53rd)
• Currency of Australia: Australian dollar ($) (AUD)