India, Australia aim to boost economic, defence ties at first summit of PMs

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India, Australia aim to boost economic, defence ties at first summit of PMs
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NEW DELHI/SYDNEY : Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new momentum in ties between the two countries through deeper trade, investment and defence relations.The three-day visit by Albanese, the first by an Australian prime minister since 20

NEW DELHI/SYDNEY : Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new momentum in ties between the two countries through deeper trade, investment and defence relations.

“​India and Australia share warm and friendly relations based on common values and democratic principles. The Strategic Partnership between the two countries was elevated to a Comprehensive Strategic Partnership in June 2020,” the Indian foreign ministry said in a statement ahead of the visit. The two countries signed last year a free trade agreement called the Economic Cooperation and Trade Agreement , the first signed by India with a developed country in a decade.

The negotiations resumed in 2021 but a deal has yet proved to be elusive. Australian Minister for Trade and Tourism Don Farrell is a part of Albanese’s delegation and the visit is expected to provide an opportunity to hasten the ambitious deal. The Albanese-Modi talks in New Delhi on Friday will be the first meeting of the annual summit announced by the two countries last year.

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