At the fag end of the current government’s tenure, the commerce department has reached out to Australia, classified as a trade partner with immense potential by New Delhi, to restart long stuck talks.
India has officially requested Australia to restart trade negotiations for the proposed Comprehensive Economic Cooperation Agreement (CECA) after a long lull. Discussions on market access for Australian dairy products and meat, apart from Australia’s discomfort with opening up services exports, have proved to be major sticking points in the deal, talks on which had begun in 2011.
While more than 13 rounds of negotiations have been completed