New Delhi: India and Australia are discussing the possibility of giving Indian students under a visa for an additional period of three-five years as part of a bilateral trade agreement that is in negotiations.
Visa access that is easier for Indian students in Australia and some professionals are the main demand from New Delhi because both allies seek a strategy to strengthen relationships that have grown stronger in recent years.
While trade goods are an important element of every bilateral trade agreement, Australia may be willing to allow custom duty import from almost 98-99% of goods from India considering that he has offered concessions to the UK recently.
But the important thing for Indian negotiators is the remaining 2% and what they are willing to put on the table remember that it allows the import of lower agricultural duties and dairy products have been completely ruled out.
The main items that might be permitted on lower duties than Australia are coal which is a large item in an Indian import basket.
While Australia and India have negotiated trade deals for several years, talks have been included in the freezer but continued after the Modi government decided to walk out of RCEP, many disappointed Canberra.
Australia is one of the trade agreements that is now on the fast lane along with UAE, England and the European Union.
The key element may be an early harvest scheme even though negotiators compete with time remembering general elections in Australia.
To accelerate the conversation, Australia’s trade minister and Tehan began talks with his Indian partner on Thursday.
“Mr.
Goyal and I have made regular contact during the Christmas / New Year period because we both are committed to concluding FTA while …
free trade agreements with India will be a grace for Australian businesses, farmers and workers, creating new jobs and opportunities” said Minister Australia.