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India - Australia


Indian cos hope to tap Australian energy resources if FTA sails through
At a time when Indian utilities are scrambling for securing energy assets abroad, easier access to Australia’s vast natural resources could be among the possibilities for domestic companies, if the proposed Foreign Trade Agreement (FTA) between the two countries sails through.
Aus, India close to complete feasibility study on FTA
Australia and India are close to complete a feasibility study to establish a Free Trade Agreement (FTA) in a wide range of areas, an Australian official said on Monday.
Asean+6 to create world’s biggest economic bloc
Asean and its six major trading partners yesterday reaffirmed their resolve to create the world’s largest economic bloc through the "East Asia Free Trade Agreement" and "Comprehen-sive Economic Partnership in East Asia" within 15 years.
Crucial ASEAN bills pass in rowdy house session
Thai lawmakers yesterday approved a total of 41 crucial Asean agreements after a stormy House session was suspended twice due to heated debates. Among the pacts were free-trade agreements between Asean and India, China and Australia & New Zealand.
‘Need to make some adjustments for India-Australia FTA’
India-Australia free trade agreement (FTA) offers India “another opportunity to move the economy into greater efficiency by narrowing trade barriers and increasing access by outsiders to Indian economy,” though this entails some initial adjustment costs.
’India, Australia need to make adjustments for FTA’
Both India and Australia will have to make "adjustments" for reaching at a market-opening Free Trade Agreement, a senior Australian official said on Wednesday.
Labour-intensive exports to gain from India-Australia trade pact
The proposed free trade agreement (FTA) between India and Australia could result in better market access for labour-intensive Indian exp orts including textiles, clothing and footwear where existing tariffs are high in Australia. While the sectors are perceived as “sensitive” in Australia, the country believes in elimination of tariffs on all sectors in its FTAs, Australian trade officials say.
ASEAN pursues free trade deals as global trade talks in limbo
ASEAN is set this week to finalise a free trade agreement with India and hold talks with Australia and New Zealand, signalling the importance of regional pacts amid fading hopes for a global trading regime.
ASEAN to push for free trade deals: document
The Association of Southeast Asian Nations is expected to endorse a continued push for free trade agreements with Australia & New Zealand, the EU and India during talks this weekend, a draft document said Friday.
India wants trade deal by end of next year
Australia and India should aim to complete a free trade agreement by the end of next year, says India’s influential Commerce and Industry Minister, Kamal Nath.
India, Australia to begin talks on FTA next week
India and Australia will launch talks next week on a "high quality" Free Trade Agreement with both countries agreeing on terms of reference for a feasibility study to remove all impediments to bilateral commerce.
Australia: ’India’s financial sector interests us’
The new Australian government would forge closer relationship with India and take the partnership forward in key areas like energy infrastructure, agriculture and food processing, feels Simon Crean, Australia’s minister for trade.
Canberra pushes hard for fresh deal with India
Australia will attempt to negotiate a free trade agreement with India as part of a historic shift in relations with the emerging economic powerhouse of South Asia.
Asean FTA talks with partners not as expected
The results of negotiations for Free Trade Agreements (FTAs) between Asean and India, Japan, Australia and New Zealand have not been as expected and areas are still there where consensus have yet to reached.
Australia eager to ink free trade agreement
Australia is interested in negotiating a free trade pact with India, provided it is comprehensive and takes into account its interest in opening up trade in farm products.
All FTAs are not created equal
Thai exporters and importers have benefited from the free-trade agreements with Australia and India but reaped fewer benefits from Asean’s FTA with China, according to a survey by the Thailand Development Research Institute (TDRI).
PM defends FTA agreements
Defending himself and his government against criticisms of free trade area (FTA) agreements Thailand negotiated with foreign countries, Prime Minister Thaksin Shinawatra on Saturday said that the FTAs had helped boost trade and increase the country’s exports.
Thailand reaps Bt9 billon trade deficit from FTAs
Thailand is suffering a nearly Bt9 billion (about US$239.5 million) trade deficit chalked up between October last year and May this year as a result of the free trade agreements (FTAs) it has entered with China, India, Australia and New Zealand.
East Asia FTA can be done in 10 years, says Ong
A free trade agreement (FTA) between Association of South-East Asian Nations (Asean) and China, Japan, South Korea, New Zealand, Australia and India (East Asia FTA) is possible in the next 10 years, Asean secretary-general, Ong Keng Yong, said Tuesday.
METI’s Asia-Oceania FTA pitch surprises but is predictable
Trade minister Toshihiro Nikai’s announcement earlier this month that Japan plans to start talks with 15 other nations in 2008 to create an Asia-Oceania free-trade zone took many by surprise — not only experts but also those within government — sparking speculation about the ministry’s true intentions.