Australian Prime Minister Scott Morrison has praised an “historic” new trade deal with India as being good for producers of seafood, wine, and other produce and resources as the country inks a deal. “This is great news for lobster fishers in Tasmania, wine producers in South Australia, macadamia farmers in Queensland, critical minerals miners in Western Australia,” Morrison said. He said the agreement builds on the two countries’ security partnership and their joint efforts to maintain peace and stability in the Indo-Pacific, along with Quad partners America and Japan, in the face of Beijing’s aggression belligerence and ambitions to reshape the region. The Australia-India trade deals comes after more than a decade of negotiations which began in 2011, and were paused in 2015 and resumed in 2021. The deal will see more than 85 percent of tariffs removed on Australian goods exported to India, currently worth more than $12 billion …
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