India-Australia Trade Pact expected to create 1 million jobs over next 5 years, says Piyush Goyal ...Middle East

Union Minister of Commerce and Industry, Piyush Goyal on Saturday said the newly signed trade pact with Australia is expected to take bilateral trade from the existing USD 27 billion to nearly USD 45-50 billion in the next five years and the government expects one million jobs to be created in India in the next four to five years. The India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) was signed by commerce minister Piyush Goyal and his counterpart Australian trade, tourism and investment minister Dan Tehan in a virtual ceremony attended by Prime Minister Narendra Modi and his Australian counterpart Scott Morrison today.

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