The first consignments under the agreement were flagged off from different ports such as Surat, Chennai and Mumbai on December 29, reported The Indian Express
A day after an awareness meeting on India-Australia Economic Cooperation and Trade Agreement (ECTA) with 18 associations in Surat by the Gems and Jewellery Export Promotion Council (GJEPC), the first consignments under the agreement were flagged off from different ports such as Surat, Chennai and Mumbai on December 29, reported The Indian Express.
The first consignment exported to Australia from Surat belonged to Surat Jewellers Association president Salim Daginawala. The flagging off ceremony in Surat was attended by Abhimaniu Sharma (Joint Director General of Foreign Trade, Surat), Virendra Singh (Development Commissioner of Surat Special Economic Zone), Vijay Mangukiya (Gujarat Regional Chairman of GJEPC), Abhilash Sreenivasan (Additional Commissioner of Customs, Surat), Dinesh Navadiya, (Chairman OF Indian Diamond Institute), Salim Daginawala, Jaferbhai Salebhai Daginawala (Surat Jewellery Manufacturer Association).
India-Australia ECTA aims to enhance bilateral trade in goods and services
In a media release issued by GJEPC, Indian Minister of Commerce and Industry Piyush Goyal said, “There is a lot of potential for exporting finished products to Australia, which is largely a raw material producing country. So, it’s a complete win-win.”
Development Commissioner of Surat Special Economic Zone Virendra Singh, said, “Gujarat is the biggest contributor in the exports from India. Currently Gujarat is ahead of most of the exporting states and the ECTA will help Gujarat, especially Surat.” Joint DGFT-Surat Abhimaniu Sharma said, “Australia in recent years has become a vibrant, cultural melting pot, including a 700,000-strong Indian diaspora, who are major contributors to its economy. The ECTA enables Indian Gems and Jewellery exporters duty-free access to the market.”
India-Australia ECTA aims to enhance bilateral trade in goods and services.
******************************************************************
Readers
These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.
Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world. We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.
Please help us to keep our journalism independent and free.
In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.
For more information: pravasisamwad00@gmail.com