India is likely to sign the comprehensive Free Trade Agreement (FTA) with Australia and Chile soon following a renewed push to the pacts. “We are very close to signing FTA with Chile. We are also having next level discussion with Australia for FTA agreement and we hope to conclude soon,” Department of Commerce Joint Secretary Dammu Ravi told reporters.
He was speaking on the sidelines of industry consultation meeting on Regional Comprehensive Economic Partnership (RCEP) Negotiations organised by CII here. He interacted with industry members to better understand the Indian industry's concerns. Ravi also said that the Centre hopes to sort out problems in Broad-based Trade and Investment Agreement with EU and FTA with the European Free Trade Association.