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Trade Ties: Australia Agrees to Ease Up the Work Visa

June 2015, 01
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Australia agrees to make the work visa
By December this year, ambitious to wrap up the continuing (FTA) free trade agreement with India, Australia is prepared to expect lower commitments in the sector of the dairy and to offer a package for work visas.

FTA is the upcoming milestone in relation so it is expected to be concluded by the year end. The foreign affairs minister of Australia Julie Bishop stated Business line, I am familiar about the political will from both sides and that we are going to overcome any type of challenges.  

In 2011, the FTA agreements which are known as the (CECA) comprehensive economic cooperation agreement were launched, but lost the energy because these were stuck with the issues like professional’s movement, dairy products market opening and ambitions in the services sector. However, both the nations renewed eagerness in the past year by recovered back on to the negotiating table.

We have created a package which is based on the certain demands which is in the sector of construction with china in FTA. A government, individual from Australia said that they are about to do something for India which is similar willingly.

An officia, who is from India stated that there are number of IT companies of India in Australia like TCS, Wipro, Mind Tree, and Infosys. In addition he stated that they want to receive the visas quickly and wanted a visa regime which is easier for the professionals.

Australia has agreed to decrease its ambitions in the sector of dairy.

The official stated that they wanted to get into cooperating areas than competing areas like hi-tech areas and hi-end items. The upcoming round of the CECA talks, which are scheduled in the month of July will be trying to move forward on the key areas like investments, goods and services. India needs more market access in all items along with textiles whereas Australia requires openings for dairy items, meat, wines, textiles and auto parts. 

Australia is expecting India to give much in fields like tourism, education, and financial services. Australia Exports from India were approximately around $2.3 billion in the year 2013-14 and has imported the goods of worth $9.8 billion.

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