{"id":14695,"date":"2022-04-04T11:21:22","date_gmt":"2022-04-04T05:51:22","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=14695"},"modified":"2022-04-04T11:47:41","modified_gmt":"2022-04-04T06:17:41","slug":"indian-gems-jewellery-gets-preferential-access-to-australia-with-india-australia-ecta","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/indian-gems-jewellery-gets-preferential-access-to-australia-with-india-australia-ecta\/","title":{"rendered":"Indian Gems &#038; Jewellery Gets Preferential Access To Australia with India-Australia ECTA"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li>Bilateral G&amp;J Trade to grow to USD 1.5 billion<\/li><li>India\u2019s gem and jewellery exports to Australia to grow from USD 300 million to double in next 3 years<\/li><li>Indian G&amp;J sector to gain a competitive edge over other suppliers to Australia<\/li><\/ul>\n\n\n\n<p>After successfully negotiating a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the Indian Govt. has secured preferential access for Indian gems &amp; jewellery products in Australia through the recently executed India-Australia Economic Cooperation &amp; Trade Agreement (ECTA).<\/p>\n\n\n\n<p>Currently India-Australia has a significant bilateral trade of USD 950 million for gem and jewellery commodities. Key commodities that are exported to Australia are gold jewellery plain and studded and polished diamonds. The main commodities imported from Australia are precious metals i.e. gold and silver bars.<\/p>\n\n\n\n<p><strong>Colin Shah, Chairman, GJEPC, <\/strong>said, \u201cThe historic India-Australia trade agreement is expected to unlock millions of dollars of additional trade due to the preferential access accorded towards India\u2019s gem and jewellery exports to the island nation. While India-UAE CEPA will build inroads for plain gold jewellery to the Middle East, and ECTA with Australia &nbsp;would provide preferential advantage for the studded jewellery sector. Australia is one of our large suppliers of gold and silver bullion, and until recently, it was also a key supplier of diamonds. We expect Australia to benefit from access to areas where India is a world leader, such as diamonds. By providing preferential access for Indian gems and jewellery exports, the deal also makes it cheaper for Australian retailers to procure world-class jewellery crafted with finesse from Indian manufacturers. We expect the Agreement to boost bilateral gem and jewellery trade from USD 950 million at present to USD 1.5 billion.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bilateral G&amp;J Trade to grow to USD 1.5 billion India\u2019s gem and jewellery exports to Australia to grow from USD 300 million to double in next 3 years Indian G&amp;J sector to gain a competitive edge over other suppliers to Australia After successfully negotiating a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the Indian&hellip;<\/p>\n","protected":false},"author":1,"featured_media":14702,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-14695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indian Gems &amp; Jewellery Gets Preferential Access To Australia with India-Australia ECTA - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/indian-gems-jewellery-gets-preferential-access-to-australia-with-india-australia-ecta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Gems &amp; Jewellery Gets Preferential Access To Australia with India-Australia ECTA - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"Bilateral G&amp;J Trade to grow to USD 1.5 billion India\u2019s gem and jewellery exports to Australia to grow from USD 300 million to double in next 3 years Indian G&amp;J sector to gain a competitive edge over other suppliers to Australia After successfully negotiating a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the Indian&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/indian-gems-jewellery-gets-preferential-access-to-australia-with-india-australia-ecta\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - 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