Foreign Trade (Oceania)
a. The FT(Oceania) Division deals with India’s bilateral trade with
New Zealand
Pacific Small Islands Developing States (PSIDS) e.g. Fiji, Papua New Guinea(PNG), Tongo, Kiribati, Tuvalu, Solomon Islands, Nauru, Vanuatu etc. States.
b. The details of FT(Oceania) Division’s officers/officials:
Sh. Ajay Srivastava, Additional Director General of Foreign Trade
Dr. Anuradha Guru, Director
Sh. Rajesh Kumar, Section Officer
c. Bilateral Trade:
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Value in US$ Million
|
|
Country
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2016-17
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2017-18
|
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Export
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Import
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Total Trade
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Trade Balance
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Export
|
Import
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Total Trade
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Trade Balance
|
|
Australia
|
2957.79
|
11154.48
|
14112.27
|
-8196.69
|
4012.33
|
13993.75
|
18006.09
|
-9981.42
|
|
New Zealand
|
309.66
|
504.44
|
814.10
|
-194.78
|
352.85
|
643.71
|
996.56
|
-290.86
|
|
Fiji Island
|
52.52
|
0.60
|
53.12
|
51.92
|
54.24
|
0.49
|
54.73
|
53.75
|
|
Papua New Guinea (PNG)
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36.28
|
108.06
|
144.34
|
-71.78
|
41.93
|
196.19
|
238.11
|
-154.26
|
|
Total
|
3356.25
|
11767.58
|
15123.83
|
-8411.33
|
4461.35
|
14834.14
|
19295.49
|
-10372.80
|
d. Institutional Mechanism:
(A) AUSTRALIA
Institutional mechanism of engagement that exists between India and Australia are:
- India-Australia CECA negotiations
- India-Australia Joint Ministerial Commission
- India-Australia CEO Forum
India-Australia CECA negotiations
Based on the recommendations of the Joint Study Group (JSG) in 2010 and subsequent approval of the Trade and Economic Relations Committee (TERC) headed by the then Prime Minister of India on 29.4.2011, India is negotiating with Australia Comprehensive Economic Cooperation Agreement (CECA) covering trade in goods, services, investment and related issues. Nine rounds of negotiations have been held so far.
India-Australia Joint Ministerial Commission
A mechanism of Joint Ministerial Commission (JMC) between India and Australia has been in place since 1989. The Commission is co-chaired by the Indian Minister of Commerce and Australian Minister of Trade. The mandate of JMC, inter-alia, includes consideration of measures to strengthen relations between the two countries in all areas, particularly in the fields of commercial, economic, scientific and technological cooperation; raise issues of major importance to the relationship and discuss approaches to significant issues of common concern; indicate priority areas for further cooperation; examine the working of the various bilateral agreements in force between the two countries and of arrangement embodies in memoranda of understanding etc.
Last 15th India-Australia Joint Ministerial Commission (JMC) Meeting was held in Canberra, Australia on 25th June, 2018 co-chaired by Commerce / Trade Ministers of respective countries.
India-Australia CEO Forum
Australia-India CEO Forum of business groups have been constituted to take forward the agenda of equitable and balanced exchange of goods and services along with investment in both the countries. Recently, India-Australia CEO Forum has been re-constituted in order to have great potential of enhanced dialogue and cooperation at B2B level. Adani Group's Chairman, Mr. Gautam Adani and Mr. Mark Vaile AO, Chairman Whitehaven Coal Ltd. has been appointed as the co-chairs of the Australia-India CEO Forum.
(B) NEW ZEALAND
Institutional mechanism of engagement that exists between India and New Zealand is:
India-New Zealand CECA negotiations
Based on the recommendations of the Joint Study Group (JSG) and subsequent approval of Trade and Economic Relations Committee (TERC) headed by the then Prime Minister of India on 21.1.2010, India is negotiating with New Zealand Comprehensive Economic Cooperation Agreement (CECA) covering trade in goods, services, investment and related issues.
(V) RTI related matter
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Name of address of CPIO
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Dr. Anuradha Guru, Director
Room No.220, Udyog Bhawan, New Delhi-110011
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Name of address of Appellate Authority
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Shri Ajay Srivastava,
Additional Director General of Foreign Trade
Room No. 224-D
Udyog Bhawan, New Delhi-110011
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