{"id":18516,"date":"2022-11-30T17:23:08","date_gmt":"2022-11-30T11:53:08","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=18516"},"modified":"2022-11-30T17:23:11","modified_gmt":"2022-11-30T11:53:11","slug":"india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/","title":{"rendered":"India-Australia ECTA To Boost Bilateral Gem &#038; Jewellery Trade To $2 billion"},"content":{"rendered":"\n<p>The Govt. of India has been successful in facilitating gem &amp; jewellery trade in the post pandemic era &#8211; first, with the India-UAE CEPA which helped gain remarkable progress in gems &amp; jewellery exports to UAE, and now with the India-Australia Economic Cooperation &amp; Trade Agreement (ECTA), which got Australian parliament approval recently.<a>The 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.<\/a><\/p>\n\n\n\n<p><a>India-Australia has a significant bilateral trade of USD 1.3 billion for gem and jewellery commodities in financial Year 2021-22. Key commodities exported to Australia are plain gold jewellery, studded jewellery and cut &amp; polished diamonds. The main commodities imported from Australia are precious metals i.e. gold and silver bars.<\/a><\/p>\n\n\n\n<p><strong>Vipul Shah, Chairman, GJEPC, <\/strong>said, \u201c<a>Since the India-Australia negotiations started, India\u2019s gem and jewellery exports have witnessed positive growth, complementing the upcoming India-Australia ECTA. India\u2019s G&amp;J exports to Australia grew 21% to 183.86 million during April \u2013 October 2022 as compared to the same period last year.\u201d<\/a><\/p>\n\n\n\n<p>\u201cWe 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 1.3 billion at present to USD 2 billion.\u201d<\/p>\n\n\n\n<p>\u201cAustralia is one of our large suppliers of gold bullion, and until recently, it was also a key supplier of diamonds.\u201d added Shah.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Govt. of India has been successful in facilitating gem &amp; jewellery trade in the post pandemic era &#8211; first, with the India-UAE CEPA which helped gain remarkable progress in gems &amp; jewellery exports to UAE, and now with the India-Australia Economic Cooperation &amp; Trade Agreement (ECTA), which got Australian parliament approval recently.The historic India-Australia&hellip;<\/p>\n","protected":false},"author":1,"featured_media":18518,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-18516","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>India-Australia ECTA To Boost Bilateral Gem &amp; Jewellery Trade To $2 billion - 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\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India-Australia ECTA To Boost Bilateral Gem &amp; Jewellery Trade To $2 billion - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"The Govt. of India has been successful in facilitating gem &amp; jewellery trade in the post pandemic era &#8211; first, with the India-UAE CEPA which helped gain remarkable progress in gems &amp; jewellery exports to UAE, and now with the India-Australia Economic Cooperation &amp; Trade Agreement (ECTA), which got Australian parliament approval recently.The historic India-Australia&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-30T11:53:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-30T11:53:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2022\/11\/04banner-6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2022\/11\/04banner-6.jpg\",\"width\":1000,\"height\":500},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/\",\"name\":\"India-Australia ECTA To Boost Bilateral Gem & Jewellery Trade To $2 billion - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/#primaryimage\"},\"datePublished\":\"2022-11-30T11:53:08+00:00\",\"dateModified\":\"2022-11-30T11:53:11+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/india-australia-ecta-to-boost-bilateral-gem-jewellery-trade-to-2-billion\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/18516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=18516"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/18516\/revisions"}],"predecessor-version":[{"id":18519,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/18516\/revisions\/18519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/18518"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=18516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=18516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=18516"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=18516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}