India and which country has signed a new bilateral trade agreement to enhance trade between the two countries through trade facilitation by improving procedures.

2016

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Bangladesh
B	Myanmar
C	Sri Lanka
D	Bhutan

Explanation:

Detailed explanation-1: -Did you know that India and Australia have entered into an Economic Cooperation and Trade Agreement? Yes, the #IndAusECTA was signed last year, on 2nd April, 2022; after Ratification and Exchange of Written Instruments, the Agreement has come into force on 29th December 2022.

Detailed explanation-2: -India has bilateral agreements with the following countries and blocs: Australia. Bhutan. Chile.

Detailed explanation-3: -What Is Bilateral Trade? Bilateral trade is the exchange of goods between two nations promoting trade and investment. The two countries will reduce or eliminate tariffs, import quotas, export restraints, and other trade barriers to encourage trade and investment.

Detailed explanation-4: -In 2014, Canada and Israel agreed to modernize the Canada-Israel Free Trade Agreement (CIFTA), a goods-only agreement in force since January 1, 1997.

There is 1 question to complete.