Close Menu
Bangla news
    Facebook X (Twitter) Instagram
    Bangla news
    • প্রচ্ছদ
    • জাতীয়
    • অর্থনীতি
    • আন্তর্জাতিক
    • রাজনীতি
    • বিনোদন
    • খেলাধুলা
    • শিক্ষা
    • আরও
      • লাইফস্টাইল
      • বিজ্ঞান ও প্রযুক্তি
      • বিভাগীয় সংবাদ
      • স্বাস্থ্য
      • অন্যরকম খবর
      • অপরাধ-দুর্নীতি
      • পজিটিভ বাংলাদেশ
      • আইন-আদালত
      • ট্র্যাভেল
      • প্রশ্ন ও উত্তর
      • প্রবাসী খবর
      • আজকের রাশিফল
      • মুক্তমত/ফিচার/সাক্ষাৎকার
      • ইতিহাস
      • ক্যাম্পাস
      • ক্যারিয়ার ভাবনা
      • Jobs
      • লাইফ হ্যাকস
      • জমিজমা সংক্রান্ত
    • English
    Bangla news
    Home Australia offers tariff sops on 99% Indian imports
    English International

    Australia offers tariff sops on 99% Indian imports

    জুমবাংলা নিউজ ডেস্কJanuary 5, 20222 Mins Read
    Advertisement

    INTERNATIONAL DESK: Australia has offered to give tariff concessions to 99% of its traded goods with India under the proposed bilateral free trade agreement in lieu of opening up of India’s dairy and agriculture sectors through low or zero tariffs.

    Canberra is keen to export dairy products, grains, oilseeds and processed food to India.

    The two sides intend to complete the talks for an interim deal, called early harvest in trade parlance, by the end of this month.

    Australia has indicated to make their import duties zero on 99% goods at the time of entry into force of the agreement,” said an official.

    In FY21, India’s exports to Australia- comprising refined petroleum, medicaments, railway vehicles including hovertrains, pearls and gems, jewellery, and made-up textile articles- were $4.04 billion, while imports were $8.24 billion. Imports included coal, copper ores and concentrates, gold, vegetables, wool, fruits and nuts and lentils.

    India’s exports of chemicals, fabrics, apparel, footwear and machine tools, among others could get zero-duty benefits. “Dairy and agriculture are sticking points. An interim package can include products where there is mutual consensus while the contentious issues can be taken up later,” the official said.

    India’s Commerce and industry minister Piyush Goyal on Monday said that the interim agreement with Australia will cover “large areas of interest particularly our labour oriented sectors like textiles, pharma, footwear, leather products and agricultural products”.

    The two sides have agreed to conclude a long-pending FTA called a comprehensive economic cooperation agreement by the end of 2022.

    However, industry experts cautioned about opening sensitive sectors like dairy and agriculture as they are huge employers. Once sensitive sectors like dairy and agriculture are opened for Australia, others like the EU and the UK too will seek market access and make our products uncompetitive,” said an industry representative.

    (The Economic Times)

    Get the latest News first — Follow us on Google News, Twitter, Facebook, Telegram and subscribe to our YouTube channel. For any inquiries, contact: info @ zoombangla.com
    99% Australia english imports indian international offers sops tariff
    Related Posts
    GPT-5

    Is ChatGPT Plus More Accurate? New GPT-5 Update Analysis

    September 2, 2025
    Trump Approval Rating Hits Record Second-Term Low in New Poll

    US Labor Force Shrinks as Over 1.2 Million Immigrants Exit Under New Policies

    September 2, 2025
    Napa Valley Vineyard Confrontation

    Napa Valley Vineyard Confrontation: Viral Video Sparks Dress Code Debate

    September 2, 2025
    সর্বশেষ খবর
    GPT-5

    Is ChatGPT Plus More Accurate? New GPT-5 Update Analysis

    Trump Approval Rating Hits Record Second-Term Low in New Poll

    US Labor Force Shrinks as Over 1.2 Million Immigrants Exit Under New Policies

    Napa Valley Vineyard Confrontation

    Napa Valley Vineyard Confrontation: Viral Video Sparks Dress Code Debate

    apple iphone 17 pro max

    iPhone 17 Upgrade Intentions Soar as 70% of Users Plan to Buy New Model

    LED bulb

    LED Bulb Wattage Equivalent: A Safety Guide for Homeowners

    ল্যাপটপ থার্মাল পেস্ট

    ল্যাপটপের থার্মাল পেস্ট পরিবর্তন কেন জরুরী

    Micah Parsons trade

    Dallas Cowboys Trade Micah Parsons to Packers in Stunning NFL Blockbuster

    2026 Dodge Charger Daytona price cut

    2026 Dodge Charger Daytona Price Cut: EV Muscle Car Gets $5,000 Reduction

    BFI London Film Festival

    Daniel Day-Lewis, Linklater, Lanthimos Set for BFI London Talks

    sing-fish-ea-a

    না ঘষে শিং মাছ পরিষ্কার করার দারুণ কৌশল

    • About Us
    • Contact Us
    • Career
    • Advertise
    • DMCA
    • Privacy Policy
    • Feed
    • Banglanews
    © 2025 ZoomBangla News - Powered by ZoomBangla

    Type above and press Enter to search. Press Esc to cancel.