The Government of Australia has begun to implement a vision document that will shape bilateral ties with India till 2035. The announcement from Prime Minister Scott Morrison regarding implementing “India Economic Survey” was made in the backdrop of the ongoing visit to the country by President Ram Nath Kovind.
Australia has agreed to implement some important recommendations of the survey over the next twelve months that will include India-Australia Food Partnership, expansion of mining business and greater aviation connectivity.
“Ministers across education, agribusiness, resources and tourism will oversee progress of the Government’s response and ongoing implementation of the India Economic Strategy,” said Prime Minister Morrison.
The India Economic Survey is a report authored by former Australian envoy Peter Varghese and was released earlier this year.
Firming up ties
The report made wide-ranging recommendations to transform India-Australia ties by firming up ties between Australia and Indian States.
“This report provides a road map for our economic future with India. India is the world’s fastest growing major economy and offers more opportunity for Australian business over the next 20 years than any other single market,” said Mr. Morrison who was joined by President Kovind in multiple events on Thursday in Sydney.
Five pacts signed
On the sidelines of the visit by President Kovind, Australia and India on Thursday concluded five agreements, including one between the Central Mine Planning and Design Institute based in Ranchi, and the Commonwealth Scientific and Research Organisation, Canberra. An agreement between the Acharya N.G. Ranga Agricultural University, Guntur, and the University of Western Australia, Perth, for cooperation in agricultural research and education was also signed.
“Today’s steps are only the first on a long journey that will see Australia and India grow together,” Prime Minister Morrison said.
