It's been successful for both countries, not just for Australian exports to India but also for Indian exports to Australia, John Southwell said
Under mutual recognition agreements (MRAs) are bilateral pacts between countries, where they recognise each other's standards as well as the certification process
Analysts say possible measures by US could cost India $7 bn a year
Advantage cotton producers, but other farm items at risk of glut from US supplies, say experts
Goyal and US secretary of commerce Howard Lutnick held their first meeting in Washington on Tuesday
During US visit, commerce minister also expected to meet his US counterpart
The trade deal will be accompanied with pacts on investment protection and geographical indicators
Private sector growth will fuel PM's Viksit Bharat vision: India's G20 Sherpa
Calls some of India's concerns on carbon tax 'illegitimate'
The ECTA came into force on December 29, 2022. Under the deal, by value, over 85 per cent of Australian goods exported to India are now tariff-free
The discussion on the FTA will signal the 'broader political commitment' from both leaders and set the stage for the 10 round of negotiation in Brussels during 10-14 March, after a six months hiatus
India had requested the UK to consider a social-security agreement two years ago, but talks were launched only on Monday
Piyush Goyal to meet UK, EU officials this week
Says negotiating a trade agreement could be trickier and force India to make 'difficult concessions'
Engaging with various departments, apprising them of sector-specific dynamics
This forecast considers various scenarios, including the US government's planned reciprocal tariffs in early April and the price elasticity of US demand for Indian exports
Current allocation may not be enough to design and implement support schemes
But the figure narrowed during April-Jan, blunting these apprehensions
During April-January, exports grew only 1.39 per cent, while imports saw a 7.4 per cent increase
New Delhi is also trying to decipher what will be the shape of the US's proposed reciprocal tariff law before drawing conclusions regarding its consistency with respect to global trade norms under WTO