spring-boot v2.4.3: Config data resource via location 'consul:' does not exist

Question

I am trying to run a springboot app locally by reading application.properties from a remote consul server. I'm getting Config data resource via location 'consul:' does not exist error message.

Springboot version: 2.4.3

Java version: 1.8

spring-cloud version: 2020.0.3

Related dependencies used:

    <dependencies>
        <dependency>
            <groupId>org.springframework.cloud</groupId>
            <artifactId>spring-cloud-starter-consul-config</artifactId>
        </dependency>
        <dependency>
            <groupId>org.springframework.cloud</groupId>
            <artifactId>spring-cloud-context</artifactId>
            <version>3.0.1</version>
        </dependency>
    </dependencies>
    <dependencyManagement>
        <dependencies>
            <dependency>
                <groupId>org.springframework.cloud</groupId>
                <artifactId>spring-cloud-dependencies</artifactId>
                <version>${spring-cloud.version}</version>
                <type>pom</type>
                <scope>import</scope>
            </dependency>
        </dependencies>
    </dependencyManagement>

application.properties:

spring.config.import=consul:

#Consul Configuration
spring.cloud.consul.host=${CONSUL_HOST:localhost}
spring.cloud.consul.port=${CONSUL_PORT:8500}
spring.cloud.consul.config.enabled=true
spring.cloud.consul.config.failFast=true
spring.cloud.consul.config.format=properties
spring.cloud.consul.config.prefixes=${CONSUL_PREFIXES:config}
spring.cloud.consul.config.name=${CONSUL_CONFIG:b2bv2-order}
spring.cloud.consul.config.data-key=application.properties
spring.application.name=b2bv2-order

Error when trying to run docker image: error

I have also used org.springframework.cloud.client.discovery.EnableDiscoveryClient annotation on Application main class.

How do I fix this issue?