Australia, India Likely to Expand Free Trade Pact, Minister Says
Australia and India are reportedly planning to expand their existing free trade agreement in the near future, according to Australian Trade Minister Don Farrell. The minister dismissed claims that former US President Donald Trump's influence played a role in Canberra's decision to lift restrictions on US beef imports. The two countries have been engaged in ongoing negotiations to deepen their trade ties, with the aim of further liberalizing the exchange of goods and services between them. While the specifics of the expansion are not yet known, the move is seen as a positive step towards strengthening the economic partnership between Australia and India. The minister's comments come amid a broader focus on strengthening international trade relationships, as countries seek to diversify their economic ties and explore new market opportunities in the post-pandemic era.
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