The Subject “India-Australia Economic Cooperation Agreement” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
The welfare gains for India and Australia could be between 0.15 and 1.14% of the GDP for India and 0.23 and 1.17% of the gross domestic product for Australia
International Trade India-Australia.
Foreign trade between Australia and India has grown strongly over
recent years
Trade between Australia and India reached USD 16 billion, of which the international trade in goods was the largest component, at USD 12.9 billion
Bilateral trade in services has risen markedly off a low base and amounted to USD 3.1 billion
India is one of the fastest growing markets for the Australian products and services.
India is the third largest Australian export market
for wool (50% of wool imports of India)
Exported products from India to Australia reached USD 1.45 billion, while services exported to Australia were USD 529 million
India exports a range of services to Australia, including the information technology, software, and Business Process Outsourcing
Indian foreign direct investment (FDI) in Australia has augmented in the recent years
Top sector for the foreign direct investment is hospitality, manufacturing, software, banking, and telecommunications sectors