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South Australian trade minister visits Indian states for tie-ups

, ET Bureau|
Updated: Nov 06, 2017, 05.12 PM IST
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Hamilton said that India and Australia do AUD21 billion worth of trade every year. But he also said there are still a lot of trade barriers "in terms of taxes, charges, duties".
Hamilton said that India and Australia do AUD21 billion worth of trade every year. But he also said there are still a lot of trade barriers "in terms of taxes, charges, duties".
A 70-member Australian delegation headed by Martin Hamilton-Smith, minister for investment and trade at the South Australian government, will meet with state governments in India negotiating and proposing tie-ups in water conservation, defence, technology in healthcare, premium wine and food as well as art.

The first of such initiatives is likely to be a proposal for a centre of research on water conservation in Maharashtra, said Smith.

The delegation will also visit Rajasthan, Delhi and Bangalore. The team includes representatives from companies such as Add-Life Techonlogies, which provides virtual reality platforms for medical solutions at home, wine producer 1847 Wines Chateau Yaldara, Flight Training Adelaide and Hydro-dis which makes water disinfection techniques among other companies.

Hamilton said that India and Australia do AUD21 billion worth of trade every year. But he also said there are still a lot of trade barriers "in terms of taxes, charges, duties".

He added the two countries have been negotiating a free trade agreement for some time, but that talks "have plateaued" which was "sad for businesses" on both sides.
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