MP Andrew Charlton launched his book ‘Australia’s Pivot to India’ at Delhi’s Habitat Centre last week. ‘Our nations have never been friendlier,’ he said.
India-Australia Economic Cooperation and Trade Agreement signed last year provides opportunities to Indian students to live, study & work in Australia temporarily after finishing studies.
At the 2+2 ministerial dialogue, Australian Defence Minister Richard Marles asserts there has ‘never been a more important time for the 2 countries to be working together’.
Modi said they had discussed increasing cooperation on mining and critical minerals, and would work towards a comprehensive economic cooperation agreement.
In India, only 17% of public sector banks and 25% of private sector banks claimed to have an internal strategy for integrating climate risks into their risk management framework.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
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