Recent growth in ties and bilateral agreements between Australia and India have prompted fresh possibilities for attracting talent, trade and investment opportunities between both nations. 

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The India-Australia Economic Cooperation and Trade Agreement (ECTA) was implemented on December 29, 2022. This pact would address several aspects of Indo-Australian ties, in the form of exports, trade, dispute settlements, customs procedures, etc. Currently, the trade value between both countries is at $31 billion and is estimated to cross $45-50 billion in the coming 5 years. 

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But how does affect people who are or will be applying for an Australian visa?

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Visa Pathways 

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The ECTA not only bolsters trade between both nations but also opens visa pathways for Australian and Indian skilled service providers, investors and businesspeople. This will also increase and facilitate investment and business opportunities in both countries. 

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The ECTA has resulted in the opening of 1000 Working Holiday Visa places for Indians aged between 18 to 30 along with post-study work rights for Indian graduates in Australia - also known as a backpacker visa. And that is not all. 1800 spots have been opened for Indian chefs and yoga instructors to reside and work in Australia for up to 4 years. There is now a Professional Services Working Group that will aid in streamlining the recognition of qualifications, licensing and registration procedures between both countries. 

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For Australians who are interested in visiting and residing in India, the ECTA provides much-required clarity around the different visa pathways, application procedures, periods of stay and other visa conditions from India. 

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India ranks highly as a source of both permanent and temporary skilled workers who visit Australia on skilled worker visas. This agreement will allow companies of both nations to capitalise on enhancements to talent mobility and skills recognition as well. 

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Collaboration 

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The ECTA also adds strong emphasis on intensifying collaborative research between both nations. This can result in both Indian and Australian universities having a conducive environment to collaborate on research projects and more. The possibility of launching dual degree programmes for students is also being discussed and planned.

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Disclaimer: Kindly note that the information provided here does not constitute legal advice. This must solely be regarded as content that provides general immigration information and is not a substitute for professional legal advice that occurs between an immigration lawyer and a client.

Path Migration strongly recommends readers contact certified immigration lawyers for a holistic overview of the Australian immigration system and a detailed analysis of each case.

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