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This Article is From Dec 09, 2024

India And Australia Review Progress On Proposed Free Trade Agreement

India And Australia Review Progress On Proposed Free Trade Agreement
Senior officials from India and Australia reviewed the progress of discussions on the proposed free trade agreement, according to the commerce ministry on Monday.Source: Unsplash

Senior officials from India and Australia reviewed the progress of discussions on the proposed free trade agreement, according to the commerce ministry on Monday.

The two countries implemented an interim trade pact in December 2022 and are now in talks to expand its scope into a Comprehensive Economic Cooperation Agreement.

"The three-day stocktake visit for the India-Australia CECA concluded in New Delhi on Dec. 6," the ministry said.

The stocktake discussions addressed several key aspects of the agreement, including trade in goods, services, mobility, agri-tech collaboration, and more.

"The discussions also centred on market access modalities that align with India's food security objectives," it said.

Both parties evaluated the progress made so far and outlined a path forward for the early conclusion of the CECA.

The Indian delegation was led by Rajesh Agrawal, Additional Secretary and Chief Negotiator from the Department of Commerce, while the Australian delegation was headed by Ravi Kewalram, First Assistant Secretary and Chief Negotiator from the Department of Foreign Affairs and Trade.

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