Govt-industry talks on proposed FTAs with EU-Australia at premature stage

Consultations with India Inc on trade pacts with UK, UAE on

At a time when India has already announced its intent to seal trade pacts with key exporting partners, industry participants said their discussions with the government regarding proposed trade deals with the United Arab Emirates (UAE) and the United Kingdom (UK) have already kicked off.

However, with respect to countries such as the European Union (EU), Australia, the discussion with industry is at a premature state and domestic players will get more clarity as and when the chief negotiators of both nations sit and discuss what can be offered.

“Industry consultation is going on not only through the department of