Enhancing visitor economy is an important component of Free trade agreement between Australia and India: Tou

Australia and India have signed a free trade agreement (FTA) that is expected to boost trade in goods and services between the two countries.

The FTA includes a number of provisions aimed at enhancing the visitor economy, including:

Elimination of double taxation on business travel

This will make it cheaper for businesses to send employees to India, and for Indian businesses to send employees to Australia.

Easier visa arrangements for tourists and business travellers

This will make it easier for people to travel between the two countries for tourism and business purposes.

Increased cooperation on tourism marketing and promotion

This will help to raise the profile of both countries as tourist destinations.

The FTA is expected to have a significant impact on the visitor economy of both countries.

In Australia, the FTA is expected to lead to an increase in the number of Indian tourists visiting the country. This is because the FTA will make it easier and cheaper for Indian tourists to travel to Australia.

In India, the FTA is expected to lead to an increase in the number of Australian tourists visiting the country. This is because the FTA will make it easier and cheaper for Australian tourists to travel to India.

The FTA is a significant step forward in the relationship between Australia and India. It is expected to boost trade in goods and services between the two countries, and to enhance the visitor economy of both countries.