Aus minister slams Indian bureaucracy for impasse
February 24, 2016 15:43
Australia's new trade minister has criticised India's "strong" bureaucracy for posing hurdles for a favourable business environment, saying sometimes one has to "roll up sleeves and apply a little elbow grease" to make things happen.
"India is a country that has a huge amount of potential and a huge amount of opportunity, but there is a fairly strong amount of bureaucracy. Sometimes it requires you to roll up your sleeves and apply a little elbow grease," said Steven Ciobo early last week.
Ciobo, 41, who recently succeeded former minister Andrew Robb, said Australian government was committed towards a free trade agreement with India and free trade with will continue to remain its area of focus.
"There are a number of different pokers in the fire. We are looking at, of course, ongoing negotiations around a free trade agreement with India, that continues to be an area of focus," Ciobo told CNBC in New York where he is attending a business week to promote Australia as an investment destination.
Ciobo, who will be now be taking over ongoing negotiations over a free trade agreement with India, had said last week before his swearing in ceremony that the free trade deal with India would be hard to close on.