Indian firms who are investing in big projects in Australia might be permitted to get employees from India for building these projects, making a path for other various other categories other than IT and nurses, that were key beneficiaries of shortage in labor abroad.
The government of Australia provided the facility through its Agreement on Economic Cooperation which is presently being negotiated.
Many Indian firms like GVK, Adani and JSPL have investments in Australia. And according to the Australian special envoy for trade, the facility is meant for providing certainty to the investors but could be tapped by an enterprise if testing of the market reveals that it could not find the number of qualified employees. The rules and laws related to migration will apply to these employees.
Australia has provided the same facility to China under FTA. In exchange, Australia has sought bigger certainty for its firms.
Australia has offered to remove duty on entire imports from India. In exchange, Australia is pitching for cuts in import duty on wine and dairy products while recognizing that India has concerns over an extensive opening of the farm sector.
Australia could provide on services like tourism, healthcare and education. This government is willing to provide more opening for India IT professionals and nurses.
India and Australia could now clinch a deal in six to eight weeks of time. Canberra has offered best ever deal it has done with anybody.