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India's exports to Australia: India's exports to Australia up 14 pc during Apr-Nov, thanks to trade agreement

India s exports to Australia surged 14% to USD 5.8 billion from April-November, benefiting engineering, pharma, and electronics sectors due to the free trade pact initiated last December. Negotiations for a broader trade deal are progressing, focusing on detailed rules of origin. Australian FDI in India rose from USD 30-40 million to USD 300 million this year. However, Indian imports from Australia fell by 19%, totaling USD 11.14 billion. Key growth sectors include engineering, pharma, and electronics, diversifying India s trade basket with Australia. ....

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minimum export price: Govt has strictly no plans to put MEP on all agri commodities: Commerce Ministry

The Indian government has denied plans to impose a minimum export price (MEP) on all agricultural products, stating that it has no intention to review all agri products from an export perspective. An inter-ministerial committee has recently decided on basmati rice, but the committee s wider mandate does not mean it will recommend MEPs for each agri product. ....

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India, Australia add 15 new areas for talks on comprehensive trade deal

Collaboration in space, mining and sports are among 15 new areas mutually identified by India and Australia for negotiations under the comprehensive free trade agreement, a senior government official said on Thursday. ....

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