Which of the following best reflects the strategic impact of the India-Australia Economic Cooperation and Trade Agreement (ECTA) after three years of implementation?
ECTA led to 14% export growth (2022–24) and added new items like Air Liquefaction Machinery.
The India-Australia ECTA, which came into force in December 2022, led to approximately 14% growth in Indian exports to Australia between 2022 and 2024. It also facilitated the inclusion of new export items such as Air Liquefaction Machinery.
Options A and D are factually incorrect — the ECTA did not unilaterally remove all farm tariffs, nor does it include defence procurement clauses. Option B is incorrect as ECTA spurred growth in both traditional and new sectors. Hence Option C is correct.
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