Aus firms seek investment in India’s high-tech sector

In the trade discussions, Australia would push India to lower trade barriers even more, according to a report by an Australian parliamentary committee.

According to persons familiar with the subject, Australian Prime Minister Anthony Albanese will head a group of officials and business executives to India next month to negotiate a complete free trade deal and analyse investments in the country’s high-tech industry. In December of last year, the two nations reached an interim agreement.

Further market access obligations for products and services, digital commerce, and government procurement are scheduled to be discussed throughout the discussions. “It was wonderful to meet with Jaishankar this morning ahead of my trip to India next month. “We discussed our strategic partnership, economic opportunities, and the people-to-people ties that enrich our nations,” Albanese said in a tweet.

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According to the sources who requested anonymity, Australian corporations would pursue agreements in infrastructure, sophisticated design, and the healthcare sector. Another important area of interest would be water resource management. In the trade discussions, Australia would push India to lower trade barriers even more, according to a report by an Australian parliamentary committee.

Inquiries submitted to the Commerce and Industry Ministry and the Australian High Commission in New Delhi went unanswered.