India, Australia in talks to sign free trade agreement

India and Australia are in talks for signing a free trade agreement to promote bilateral trade, an Australian government official said here today.

Hyderabad: India and Australia are in
talks for signing a free trade agreement to promote bilateral
trade, an Australian government official said here today.

Feasibility report over the proposed agreement has
been submitted to the governments and formal negotiations on
the issue would begin soon, Consul-General of Australia in
Chennai, Aminur Rehman, told reporters.

He was speaking on the sidelines of a media conference
where Australian interior design firm Chhada Siembieda
Australia (CSA) showcased its work at the Westin Hotel here.

Rick Whalley, CSA Principal, said the company has
provided designs to six international hotels in India and is
in talks with few more developers regarding new projects.

"We have now consciously made a decision to focus on
the Indian market because we enjoy working here and there is
plenty of scope for innovation. Our objective is to strengthen
and expand the relationships by creating hotels that richly
reward developer`s bottomline," he said.

PTI

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