Friday, January 28, 2022

India, Australia hold talks to further expand bilateral ties through Free Trade Agreement

Union Minister of Commerce and Industry Piyush Goyal had extensive discussion with Australian Prime Minister’s Special Trade Envoy Tony Abbott in New Delhi yesterday. The talks were held on the ways to expand bilateral ties between the two countries. Mr Goyal said on Twitter that there is a huge potential for India and Australia to further energise their trade relationship through Free Trade Agreement (FTA).

Former Australian Prime Minister, Abbott presently serves as Prime Minister Scott Morrison’s special trade envoy for India.

In September, India and Australia had announced that they will sign a comprehensive Free Trade agreement by the end of 2022 and an early harvest trade deal by Christmas later this year. The announcement was made at a joint media briefing with Commerce and Industry Minister Goyal and the Australian Minister Abbott, during the latter’s visit to India.

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