New Delhi, Oct. 14 -- Australia is preparing to ease and simplify its stringent safety and compliance rules for pedal bicycles, in a move that could boost Indian exports that are under pressure from steep US tariffs.

The Australian Competition and Consumer Commission (ACCC) has notified the World Trade Organization (WTO) that it is reviewing its mandatory safety standards for pedal bicycles to align them with global norms.

This is expected to make exports smoother for India, the world's second-largest bicycle manufacturer. Indian exporters have been facing delays and higher costs due to Australia's tough compliance tests, even though import duties were already removed under the India-Australia Economic Cooperation and Trade Agreement (E...