Australian Prime Minister Anthony Albanese, who’s in India for a four-day go to, meets Mumbai’s in style dabbawalas at an occasion, in Mumbai.
Visiting Australian Prime Minister Anthony Albanese in Mumbai on Thursday stated the India-Australia Economic Cooperation & Trade Agreement, which just lately got here into power, has unlocked enormous potential within the relationship between the 2 international locations.
“It gives Australian businesses far greater access to the mighty Indian economy, a market of some 1.4 billion people and one of the world’s fastest growing economies in the world and the fastest growing major economy in the world,” Mr. Albanese instructed a small gathering of individuals from India and Australia on the Taj Mahal Hotel, Colaba.
“More than 85% of Australian goods exported by value to India are tariff free and 96% of import from India to Australia is tariff free as well. Australian fresh lobster and lamb used to be subjected to a 30% tariff. Now it is zero,” he stated.
“Tariffs on other products like avocado, citrus and seafood are on a pathway to zero and I look forward to the bustling restaurants of Mumbai and Delhi right throughout India, showcasing these great Australian products with a glass of premium Australian wine alongside,” he additional stated.
