Australian parliament passes Free Trade Agreement with India

24 Nov 2022 CW Team

Australia has approved the Free Trade Agreement with India, nearly two months after negotiators from both sides met for talks toward a full-fledged FTA. The bills easily passed the House of Representatives on Monday and the Senate made them law.

"Our Free Trade Agreement with India has passed through parliament," Australian Prime Minister Anthony Albanese tweeted. This comes just a few days after Albanese announced plans to visit India in March of next year. He made the announcement on the sidelines of the 17th G20 summit.

The Australia-India Economic Cooperation and Trade Agreement (ECTA) was signed on April 2.

The agreement, according to the Australian government, will secure Australia's position in the world's fastest growing economy and allow Australian businesses to unlock or expand their operations in a market of nearly 1.5 billion consumers.

Commerce and Industry Minister Piyush Goyal previously stated that the agreement would help increase bilateral trade from $27.5 billion to $45-50 billion over the next five years.

Also Read
Mumbai Urja Marg project brought under Pragati portal
Odisha readies Rs 84-bn railway proposals for Union Budget

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..