Australia, India Finalising Negotiations For FTA Study

New Delhi: Australia is finalising talks with India about a possible joint feasibility study for a bilateral free trade agreement (FTA). This was stated by Mr Michael Moignard, Senior Trade Commissioner-South Asia, Australian Trade Commission. Mr Moignard also declared the unveiled of a new business portal www.utsavaustralia.in that will enable Indian companies to access offers from Australian companies looking for partners, customers and markets in India and also find valuable information about Australian industry, expertise and capabilities. The business portal will showcase Australian industry''s expertise and service skills to the Indian business community and bridge the information gap that exists in India on the capabilities of Australia in sectors such as agriculture, information and communication technology. India is Australia''s fastest growing merchandise export market. Bilateral trade of merchandise goods and services is over A$12 billion, moving towards A$13 billion.