Highlights

  • Australia Parl passes free trade pacts
  • India to bring the deal into force
  • Deals crucial for Australia to diversify
  • Neither India nor UK have ratified bills

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Australia ratifies free trade deals with India and UK

The bills easily passed the House of Representatives on Monday and the Senate made them law on Tuesday.

Australia's Parliament passed bilateral free trade agreements with India and Britain on Tuesday, leaving those partner nations to bring the deals into force.

The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain's need to forge new bilateral trade relations since it left the European Union.

The bills easily passed the House of Representatives on Monday and the Senate made them law on Tuesday.

The deals need to be ratified by the respective British and Indian parliaments before they take effect.

Neither nation has yet done that.

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