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Goyal Begins 5-day Australia Tour, Days After Inking ECTA

Goyal will hold wide-ranging discussions with his Australian counterpart, Dan Tehan MP, Minister for Trade, Tourism and Investment, on carrying forward the ECTA, as per the official statement

Photo Credit : Piyush Goyal's Youtube

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Union Minister Piyush Goyal has left New Delhi on a 5-day visit to Australia on Tuesday, said the Ministry of Commerce and Industry. 

His visit comes days after India and Australia signed the Economic Cooperation and Trade Agreement (IndAus ECTA) on April 02.  

During the visit, I will take the ECTA to people along with the interactions that had been planned with business leaders, Indian students, diaspora, etc, he said. 

Goyal will hold wide-ranging discussions with his Australian counterpart, Dan Tehan MP, Minister for Trade, Tourism and Investment, on carrying forward the ECTA, as per the official statement. 

Goyal will also hold talks with Tony Abbott, Australian PM’s special trade envoy this evening and will meet Jason Wood, MP, Assistant Minister for Customs and many others. 

The ministry said that Goyal will meet with the Australian agricultural producers and hold talks with Deputy Premier Roger Cook and Madeline King, Shadow Trade Minister in Perth.

Meanwhile, the ECTA is expected to almost double the bilateral trade from USD 27.5 billion (2021) to about USD 45 to USD 50 billion in the next 5 years, the ministry said.