India, Australia resume negotiations on comprehensive economic cooperation agreement

0

India and Australia officially launched the resumption of negotiations on the India-Australia Comprehensive Economic Cooperation Agreement (ECSC) at the 17th meeting of the India-Australia Joint Ministerial Commission. India and Australia reaffirmed their commitment to conclude an ECSC, including concluding an interim agreement by December 2021 to liberalize and deepen bilateral trade in goods and services, and conclude negotiations on a comprehensive ECSC. ‘by the end of 2022.

The Joint Ministerial Commission detailed the areas that will be covered by the Interim Agreement in accordance with Article XXIV of the General Agreement on Tariffs and Trade, including goods, services, investment, energy and resources, logistics and transport, standards, rules of origin and sanitary and phytosanitary measures. Ministers also agreed to explore government procurement. It was agreed that there will be an exchange of offers by the end of October 2021.

Powered by Capital Market – Live News

(This story was not edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor


Source link

Leave A Reply

Your email address will not be published.