Goyal urges Steel Industry to make best use of India Australia ECTA Agreement and capture new opportunities in Australia
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Piyush Goyal urged Steel Industry to make best use of the India-Australia Economic Cooperation & Trade Agreement (ECTA) Agreement and look at capturing new opportunities in Australia. He was speaking at the 3rd edition of ISA Steel Conclave in New Delhi today. Shri Goyal informed the gathering that India-Australia Economic Cooperation & Trade Agreement (ECTA) has been passed by the Australian Parliament. Stating it as a remarkable achievement, he highlighted that under the leadership of Prime Minister Shri Narendra Modi India is engaging with the developed nations of the world from the position of strength. Developed countries recognise that the Indian economy will drive world growth, he added. He highlighted that post agreement with Australia all our steel exports to Australia will become duty free. He urged Industry to make best use of this Agreement and look at capturing new opportunities in Australia. He said that these trading agreements with developed countries will usher in new opportunities for our youth, businesses across sectors.