India, Australia plan to sign FTA by December

India and Australia aim to conclude the comprehensive free trade agreement by December, following a renewed push to the pact months after Prime Minister Narendra Modi's visit to Australia.
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Australian trade minister Andrew Robb and his Indian counterpart Nirmala Sitharaman are expected to sort out the remaining issues on Thursday in a meeting that comes after the seventh round of bilateral talks on the issue concluded in Canberra last week.
«It was a good meeting between the two sides and we are targeting to conclude it by end of the year. Australia is very keen to sign a comprehensive pact with us. Though tariffs is not a big issue with Australia, with their average tar ..
The two-way trade stood at $12.1 billion in 2013-14, with trade balance skewed heavily in Australia’s favour. «I am determined to ensure that both services and investment are given real prominence in the CECA negotiations, along with improved levels of market access for goods trade,» said Andrew Robb ahead of his New Delhi visit that began on Tuesday.
He added, «My aim is to keep the momentum building as there is definitely an enthusiasm on both sides to conclude a quality agreement thi ..

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