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Albanese Says Australia-India Have “Never Been Closer” After Meeting With Modi

Albanese tacitly vowed to build on the work done by his predecessor Scott Morrison to expand strategic and trade ties with India.

May 25, 2022
Albanese Says Australia-India Have “Never Been Closer” After Meeting With Modi
India is currently Australia’s seventh-largest trading partner, with two-way trade amounting to around $18 billion in 2020.
IMAGE SOURCE: THE INDIAN SUN

On Tuesday, Indian Prime Minister (PM) Narendra Modi held “fruitful discussions” with his Australian counterpart Anthony Albanese on the sidelines of the Quad Leaders’ Summit in Tokyo.

According to a press release by Modi’s office, the Indian leader congratulated Albanese for his electoral victory and reviewed cooperation under the Comprehensive Strategic Partnership in domains such as science and technology, trade and investment, defence manufacturing, education,  agricultural research, sports, renewable energy, and people-to-people ties.

In a tweet, Modi hailed their strategic partnership, which he said is “robust and benefits” both countries as well as the world at large.

Additionally, Modi complimented Albanese for attending the Quad summit just 24 hours after his appointment as Australia’s PM following his victory against Scott Morrison in the federal election this past weekend.

Similarly, the new Australian leader took to Twitter to say he discussed strategic as well as economic ties with India, which he said “have never been closer.”

Later in a press conference, Albanese also highlighted Quad’s important role and said he looks forward to hosting Modi for the 2023 Quad summit. However, he remained silent when asked whether he would “push [India] further” on condemning Russia over its invasion of Ukraine.

This is keeping in line with the position of his predecessor Scott Morrison, who said that ties with India should remain focused on Indo-Pacific security. Australia’s envoy to India, Barry O’Farrell, recently said that Canberra has “accepted” New Delhi’s stand on the Ukraine conflict.

Keeping this in mind, Modi and Morrison reiterated their commitment to continue “positive momentum” in the bilateral relationship. India’s Ministry of External Affairs spokesperson Arindam Bagchi noted that the meeting had given “renewed momentum” to India-Australia’s Comprehensive Strategic Partnership.

The two countries signed the landmark Australia India Economic Cooperation and Trade Agreement (AIECTA) last month, which will remove tariffs on more than 85% of Australian goods exported to India. Similarly, 96% of Indian exports to Australia are set to be duty-free.

India is currently Australia’s seventh-largest trading partner, with two-way trade amounting to around $18 billion in 2020. India is also Australia’s sixth-largest goods and services export market, estimated at $12.69 billion.

Apart from trade, the two countries elected their strategic partnership to a comprehensive strategic partnership in July 2020 and have also signed a Mutual Logistics Support Agreement.

Keeping the proximity of their ties in mind, Modi invited Albanese to visit India soon. Apart from Albanese, Modi also held a bilateral meeting with Japanese Prime Minister Fumio Kishida and United States President Joe Biden.