2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bhutan
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Bangladesh
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Japan
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Brazil
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Detailed explanation-1: -India-Australia ECTA in force from December 29, 2022 The agreement between India and Australia took effect from December 29, 2022.
Detailed explanation-2: -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. It helps matters that Australia exports largely raw materials to India, while India exports finished goods.
Detailed explanation-3: -On 16 December 2022, the United Kingdom and the Republic of India concluded the sixth round of talks for a UK-India FTA. As with previous rounds, this was conducted in a hybrid fashion - a number of UK officials travelled to New Delhi for negotiations and others attended virtually.
Detailed explanation-4: -ASEAN has focused on creating a Free Trade Area (FTA) for investment, labour, and services. The US and China have already moved fast to negotiate FTAs with ASEAN.