Negotiations for the proposed free trade agreements (FTAs) with the UAE and Australia are "going full steam ahead" and officials of both the sides are working on the deadlines to conclude the talks, Commerce and Industry Minister Piyush Goyal said.
The India government has set aggressive timelines for the agreements – formalisation of a CEPA with the UAE by early 2022, a FTA with the UK by next year, and an interim trade deal with Australia by December.
India and Australia will sign a comprehensive Free Trade agreement by the end of 2022 and an early harvest trade deal by Christmas later this year.
India and Australia are looking at announcing an early harvest trade deal by December, according to a joint statement released by the nations.
Long dormant free trade negotiations between India and Australia have been brought back to life as the federal government again tries to bulk up economic ties between the two countries.
India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU.
In a drastically changed geopolitical scenario, developments in the Indo-Pacific, have brought Australia and India closer together as Comprehensive Strategic Partners.
Australia is keen to deepen our trade and investment links with India, and take the economic relationship to the next level.
In a sign of further deepening of the strong bilateral ties, India and Australia could soon resume the parleys regarding a free trade agreement as per the details shared by Australian High Commissioner to India Barry O’Farrell.
The company has appointed a leading international law firm to advise the company of its legal options, and in particular, the Australian Bilateral Investment Treaty.
India is moving in to fill the vacuum left by China for Australian resources and wine, with a free-trade agreement between Canberra and New Delhi gathering momentum.
Having secured free trade agreements (FTAs) with almost all key trading partners, Australia is honing in on a long elusive but lucrative market — India. Tensions with China, the need to find new sources of economic growth and government policy to diversify trading partners are pushing Australia into India’s arms.
Negotiations on the Australia–India Comprehensive Economic Cooperation Agreement (CECA) are set to restart after being suspended in 2015. Australia’s new Minister for Trade Dan Tehan has flagged that a trade deal with India will be one of his top priorities.
With India, Australia and Japan intent on pursuing their arrangement in parallel, the road looks relatively clear for an RCEP accord in November. Even if there are still a few points of contention, the 15 countries may sign an "agreement in principle".
Australia’s escalating tensions with Beijing have shown up its reliance on China trade and propelled a push to increase links with Asia’s other giant economy, India.
India hasn’t shunned efforts to forge “balanced” trade agreements despite renewed push for self-reliance, and talks with key partners, including the US, the EU and Australia, will gain momentum once the impact of the pandemic wanes considerably.
Trade Ministers of both countries are working on what they can offer each other.
India and Australia agreed to consider reviving stalled negotiations on the proposed free trade agreement (FTA)
Australian Trade Minister leads high-level delegation, holds talk with Indian counterpart Piyush Goyal.
New Delhi wants to resume negotiations on the long-pending Comprehensive Economic Cooperation Agreement with Australia, talks for which stalled in 2015.