Australia will make special visas arrangements for Indian workers and students with easier access under a historic new trade agreement.
Under the agreement, over 100,000 Indian students in Australia will be able to get a four-year visa to work as tech professionals or managers and also make it easier for chefs and yoga teachers to move. And around 1,800 chefs and yoga teachers will also get easy access to Australia.
The Australia-India Comprehensive Economic Cooperation Agreement is supposed to give more choices for Australians on consumer goods such as drugs, clothes and shoes.
Other than that, the Indian students, chefs, yoga teachers and young people on working holiday visas who help reshape both countries are the main beneficiaries of the agreement.
The Free Trade Agreement, which was signed on April 2 after 11 years of negotiations, is expected to increase trade between the two countries from $36.7billion per year to $60billion.
“It will see tariffs eliminated on more than 85 per cent of Australian goods exported to India and 96 per cent of exports going the other way,” reported the Daily Mail.
The Australian Minister for Trade, Dan Tehan, and his Indian counterpart Piyush Goyal had already signed the agreement in a virtual ceremony.
As the deal is easing Australian regulatory requirements, India’s enormous pharmaceutical sector is expected to be a big winner from the agreement.
The Federation of Indian Export Organisations also has high hopes and expects clothing, footwear, textile, leather, gems and engineering exporters to Australia to benefit from the agreement.
