Australia seeks 'another crack' at trade deal with India in coming weeks

India is set to start discussions on a trade deal with Australia in the coming weeks, as Canberra steps up efforts to push forward a fresh bilateral agreement.

Australia’s Trade Minister Don Farrell said discussions with India will restart soon, underlining continued engagement between the two sides beyond their 2022 trade pact.

“We’re going to have another crack in India in the next few weeks,” Farrell said on Monday, pointing to gains from the existing agreement. He noted that trade between the two countries has already risen 17% since the deal came into force, benefiting Australian businesses.

Step-by-step approach, tough negotiations ahead

Farrell indicated that negotiations are unlikely to produce a sweeping, single-stage outcome, suggesting instead a gradual, phased process.

“With India, it’ll be step by step. We’re not going to get a big bang agreement,” he said, while speaking at National Press Club. “We’ll make progress. That’ll work for a while, then we go back and do some more.'

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