Australia, India Sign Trade Deal

Australia and India on April 2 signed an interim trade deal that will slash tariffs on a range of Australian goods, the country’s trade ministry said. The agreement will eliminate tariffs on more than 85% of Australian exports to India, covering agricultural goods, food products, energy products, medical items and more. The deal will also lift Australian tariffs on about 96% of Indian goods. Both countries plan to continue working toward a full trade agreement.