Australia has offered to be flexible in the area of services and customs procedures to get an early agreement on the proposed bilateral free trade pact with India. “Canberra has agreed to accommodate New Delhi’s concerns on the large number of horizontal limitations or curbs imposed across sectors in the services offers made by it and has suggested moving to a negative list that would specify sectors it wants to protect. The rest would not face restrictions,” a government official told BusinessLine

Read Full Article: Link

Topics: CUSTOMS SERVICES TRADE FACILITATION

Regions: AUSTRALIA INDIA SOUTH ASIA ASIA-PACIFIC

Authors: THE HINDU