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India inching closer to free trade deal with Australia

Related Keywords: Commerce Minister Nirmala Sitharaman, Comprehensive Economic Cooperation Agreement, India inching closer to free trade agreeement with Australia, India negotiating better offer from Australia, India wants zero duty on textiles, renewed and refined offers awaited, service sector to get greater access

India inching closer to a free trade agreement with Australia. India has made their offers, but renewed and refined or enhanced offers are awaited. The services sector is likely to get a greater access in Australia however India are negotiating for a better offer from Australia having given their own wish list.

Commerce minister Nirmala Sitharaman said that it is at a very critical stage.They are closed to probably getting nearer an agreement.

Govt to work on simplifying procedures to boost exports

Related Keywords: boost exports, Commerce Minister Nirmala Sitharaman, currency volatility, environment, finance, government to work with various departments, improving ease of doing business, issues on non-tariff barriers of other countries, meeting with EPCs, problems in dealing with customs authority, simplify procedures, Special Economic Zones, Textiles

Commerce Minister Nirmala Sitharaman after a meeting with export promotion councils (EPCs) in New Delhi on Tuesday said that the government will work with various departments including environment, textiles and finance to simplifying procedures towards improving the ease of doing business in the country and boost exports.

Many of the issues which are enablers to better exports have been identified, issues which may have a bearing on the forthcoming budget were also raised, she said.

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