India-Australia FTA Talks: Progress Review & CECA Negotiations
By Rediff Money Desk, New Delhi Dec 09, 2024 15:24
India and Australia review progress of free trade agreement talks, aiming for a Comprehensive Economic Cooperation Agreement (CECA). Discussions covered trade in goods, services, mobility, and agri-tech cooperation.
New Delhi, Dec 9 (PTI) Senior officials of India and Australia have reviewed the progress of talks on the proposed free trade agreement between the two countries, the commerce ministry said on Monday.
The two countries had implemented an interim trade pact in December 2022 and now they are negotiating to widen the scope of the pact for a Comprehensive Economic Cooperation Agreement (CECA).
"The three-day stocktake visit for the India-Australia CECA concluded in New Delhi on December 6," the ministry said.
The stocktake discussions covered several critical areas of the agreement, including trade in goods, services, mobility, agri-tech cooperation, and more.
"The discussions also centered 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 headed by Additional Secretary and Chief Negotiator, Department of Commerce, Rajesh Agrawal, and the Australian delegation was headed by First Assistant Secretary and Chief Negotiator, Department of Foreign Affairs and Trade Ravi Kewalram.
The two countries had implemented an interim trade pact in December 2022 and now they are negotiating to widen the scope of the pact for a Comprehensive Economic Cooperation Agreement (CECA).
"The three-day stocktake visit for the India-Australia CECA concluded in New Delhi on December 6," the ministry said.
The stocktake discussions covered several critical areas of the agreement, including trade in goods, services, mobility, agri-tech cooperation, and more.
"The discussions also centered 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 headed by Additional Secretary and Chief Negotiator, Department of Commerce, Rajesh Agrawal, and the Australian delegation was headed by First Assistant Secretary and Chief Negotiator, Department of Foreign Affairs and Trade Ravi Kewalram.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.76 (+ 6.05)
- 160719671
- Srestha Finvest
- 0.70 (+ 4.48)
- 23731423
- G G Engineering
- 1.58 ( -3.66)
- 15813709
- Guj. Toolroom Lt
- 13.95 (+ 4.97)
- 13316211
- GTL Infrastructure
- 1.91 ( -2.55)
- 12377205
MORE NEWS
Luxury Home Sales Surge 53% in 2024: NCR Leads...
Luxury home sales in India rose 53% in 2024, driven by strong demand in Delhi-NCR. CBRE...
DPIIT & ITC Partner to Boost Manufacturing...
DPIIT and ITC have partnered to support manufacturing startups with digital platforms,...
EcoZen Raises USD 23 Million for Climate-Smart...
EcoZen, a climate-smart tech provider, secures USD 23 million in funding from...