Friday, March 5, 2021

Modi to ink historic deals in Oz

Reading Time: 2 minutesIndia and Australia will sign several important bilateral agreements during PM Modi’s visit

- Advertisement -

Fixing up timelines for concluding negotiations on a bilateral trade agreement, exchange of sentenced prisoners, cooperation on narcotics control and Memoranda of Understanding on tourism and cultural cooperation, are on the agenda during Indian Prime Minister Narendra Modi’s bilateral meeting with his Australian counterpart Tony Abbott in Canberra.

India and Australia will seek to speed up negotiations and fix timelines on concluding negotiations on the bilateral Comprehensive Economic Cooperation Agreement (CECA), also known as the free trade agreement (FTA) to boost bilateral trade, an official said on 10 November.

Talks were first started for the CECA in 2011 and so far five rounds of negotiations have been held.

The CECA aims to further liberalise and broaden the base of merchandise trade, remove non-tariff barriers and encourage investments.

Modi will be in Australia from Nov 14-18. During Abbott’s visit to India in September, both sides inked four agreements, including on civil nuclear cooperation, sports, skills and water.

Modi will have delegation level talks with Abbott and address the parliament in Canberra, have political, business and community meetings in Brisbane, Sydney and Melbourne where Abbott will host dinner.

A number of agreements will be signed and announcements made on initiatives.

A strong delegation of CEOs will accompany the prime minister to highlight the economic interests, said Secretary (East) Anil Wadhwa at a briefing in India.

He said the negotiations on the Administrative Arrangements for Civil Nuclear Energy are proceeding smoothly and this will open the way for trade in uranium with Australia. There is interest in Australia to engage in India’s mining sector, he added.

“On the economic front, trade in goods declined from US$17.5 billion in 2011-12, to $12.5 billion in 2013-14. To address this, we seek to conclude a mutually beneficial CECA at an early date, hold a Make in India Show 2015 in Australia and reconstitute CEO Forum to step up economic engagement,” he said.

“We are also looking at greater flow of services, including IT, investments, tourism,” he added.

On security issues, Wadhwa said both countries had a good working relations in counter-terrorism and transnational crimes. “We have finalised text of Agreement on Transfer of Sentenced Persons and MOU on Combating Narcotics which will help our common efforts,” he said.


- Advertisement -
Previous articleRock stars!
Next articleTurban Tadka at AIII Diwali

Related Articles


Please enter your comment!
Please enter your name here


Ep 9: What do young Indians want from love?

Growing up in Indian culture, most of us know that love has never been as popular as marriage. Even in the movies, the main...

Ep 8: Indian links in Indigenous Australian poet Ali Cobby Eckermann’s...

To celebrate NAIDOC week 2020 (between 8-15 November) I spoke to Yakunytjatjara poet Ali Cobby Eckermann about her time in India where she taught...

Ep 7: In the case of Sushant Singh Rajput

  The torrid and high-octane Sushant Singh Rajput case has been fodder for Indian people and press for the last few months. The actor’s tragic...

Latest News

Guess The Song rj ekta

LISTEN: Will you be the one to correctly guess this tune?

  Are you good with guessing tunes? Keen ear for rhythm and beats? RJ Ekta might've been able to stump you with this one. She recently...
Dr Michelle Ananda-Rajah twitter thread

Women, what would you tell your school age self?

  Ahead of International Women's Day on 8 March, Monash University's Dr Michelle Ananda-Rajah was asked to speak at a girl's school. The inspiring academic,...
women empowerment

WATCH: Hindi poem about women empowerment

  Ever have those days where nothing is going your way? You feel demotivated and wonder, "what's the point?". The last couple of weeks in Australia...
march 2021 shows and movies

Indian shows and movies to watch in March 2021

  Bombay Begums (Netflix) After the award-winning Lipstick Under My Burkha (2016), director Alankrita Shrivastava is back with another empowering series about women. Set in urban...

Japanese billionaire seeks eight artists for free Moon ride

  Japanese billionaire Yusaku Maezawa has invited eight people to join him for a free ride to the Moon on a SpaceX Starship rocket sometime...