India Exploring Nuts And Bolts Of Possible FTA With Australia
The Hindu Business Line|March 12, 2020
India is exploring workable components of a possible free trade agreement with Australia, following the visit of Australian Trade Minister Simon Birmingham to New Delhi last month, when he discussed the advantages of forging such a pact with his Indian counterpart Piyush Goyal.
Amiti Sen
India Exploring Nuts And Bolts Of Possible FTA With Australia

“Australia already knows about many of our red lines which include dairy and certain agricultural products and seems ready to accept them. That makes it easier for us to negotiate an FTA,” an official said.

The formal decision to launch negotiations for an FTA — officially known as Comprehensive Economic Cooperation Agreement (CECA) — between India and Australia will be taken after both sides go through what each is ready to offer the other, in a series of video-conference meetings.

“India and Australia both are working on what they can offer each other. Once it is discussed, a decision can be taken on whether negotiations should begin on a CECA,” the official said.

Decision on agreement

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