Business | Economy
Third round of FTA talks in March
The third round of talks for a possible free trade agreement (FTA) between the UAE and Australia is likely to take place next month, Mike Rann, South Australia's Premier, told Gulf News.
- By Saifur Rahman, Business News Editor
- Published: 00:30 February 29, 2008
Adelaide: The third round of talks for a possible free trade agreement (FTA) between the UAE and Australia is likely to take place next month, Mike Rann, South Australia's Premier, told Gulf News.
"There were some substantial progress achieved in the last meeting held in November last year just before the elections. I believe, the next round of talks will start next month," he said.
A premier is the head of the state government elected by the people and he leads the state legislature.
Australia's federal government has already sought the state governments' feedback on the FTA before proceeding with a free trade deal with the UAE.
Australia's Conservative government under Prime Minister John Howard initiated the FTA talks with the UAE. However, it lost power following the last round of talks. The new Labour government under Kevin Rudd is yet to settle down.
"An FTA with the UAE will be a good thing for all of us," he said.
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