'No change' in trade policy with India, says Pakistan, amidst buzz around its trade minister in New Delhi
It said that the Post of Minister in New Delhi exists for more than two decades and has no connection with the operationalisation of trade with India or otherwise in the current context.
The CEPA is likely to benefit about USD 26 billion worth of Indian products that are subjected to 5 per cent import duty by UAE.
Under this domestic exporters in various sectors like textiles, agriculture, dry fruits, gems and jewellery will get duty-free access to the UAE market.
The main objective of these programmes is to inform Indian exporters about the export opportunities which these trade agreements will provide to them in both goods and services segments.
The interim pact or India-Australia Economic Cooperation and Trade Agreement was inked by Minister Piyush Goyal and Australian Minister for Trade, Tourism and Investment Dan Tehan on April 2.
Likely to fructify into comprehensive deal by the end of this year; Prime Minister Modi calls it watershed moment in bilateral relations
To safeguard sensitive sectors, India has several goods in the exclusion category in which no duty concessions will be accorded to Australian imports.
India-Australia trade pact to facilitate exchange of students, professionals, tourists: PM Narendra Modi
PM Narendra Modi said signing of the pact in such a short span of time reflects the depth of the mutual confidence between the countries.