Brief by Shorts91 Newsdesk / 05:48am on 08 May 2024,Wednesday India Global
An Australian parliamentary committee has flagged concerns about child labour in India, which could impact trade negotiations. The current deal, signed in 2022, may lead to imports with lower labour standards. India and Australia are working on a comprehensive trade agreement, building on the existing mini deal. The mini deal eliminated duties on most Indian exports to Australia, including labour-intensive sectors. India's exports to Australia grew 15% to $8 billion in FY24. The concerns may impact the ongoing trade talks, which aim to strengthen economic ties between the two nations.
