New Delhi: Prime Minister Narendra Modi on Wednesday held wide-ranging talks along with his Australian counterpart Anthony Albanese, specializing in boosting total bilateral ties together with in areas of commerce and funding, defence and renewable vitality. Ahead of the talks, Modi was accorded a ceremonial guard of honour on the Admiralty House right here. The talks came about a day after Modi addressed the Indian neighborhood at a rally in Sydney that was additionally attended by Albanese. Boosting financial cooperation is likely one of the main areas of talks.
Last 12 months, India and Australia finalised the Economic Cooperation Trade Agreement (ECTA) and it got here into drive in December final. The two sides at the moment are engaged on the Comprehensive Economic Cooperation Agreement (CECA). Earlier, officers stated the 2 prime ministers may also deliberate on the state of affairs within the Indo-Pacific.
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“Australia and India share a commitment to a stable, secure and prosperous Indo-Pacific. Together we have an important role to play in supporting this vision,” Albanese stated on Monday.
Modi and Albanese additionally mentioned methods to strengthen people-to-people hyperlinks, renewable vitality, and defence and safety cooperation.
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In June 2020, India and Australia elevated their ties to a complete strategic partnership and signed a landmark deal for reciprocal entry to navy bases for logistics assist.
The Mutual Logistics Support Agreement (MLSA) permits the militaries of the 2 international locations to make use of one another’s bases for restore and replenishment of provides, in addition to facilitating the scaling up of total defence cooperation.
In August final 12 months, 4 Sukhoi-30 MKI fighter jets and two C-17 heavy-lift plane of the Indian Air Force joined a 17-nation air fight train in Australia.
