1 Updates
India, Australia set to finalise civil n-deal, strengthen ties (Comment: Special to IANS)
Photo Credit: , Getty Images

India, Australia set to finalise civil n-deal, strengthen ties (Comment: Special to IANS)

Nov 3 2013, 3:06am CST | by IANS

There is now much more to Australia's relationship with India than the clichés like cricket, curry and the Commonwealth. India-Australia bilateral relations are showing signs of strengthening further under the Tony Abbott government as both countries have decided to hold the third round of negotiations to finalise a Civil Nuclear Cooperation Agreement (CNCA).

There is now much more to Australia's relationship with India than the clichés like cricket, curry and the Commonwealth. India-Australia bilateral relations are showing signs of strengthening further...

Filed under: news

Full Story below YouTube Videos

 
 

 

23 weeks ago

India, Australia set to finalise civil n-deal, strengthen ties (Comment: Special to IANS)

Nov 3 2013, 3:06am CST | by IANS

There is now much more to Australia's relationship with India than the clichés like cricket, curry and the Commonwealth. India-Australia bilateral relations are showing signs of strengthening further under the Tony Abbott government as both countries have decided to hold the third round of negotiations to finalise a Civil Nuclear Cooperation Agreement (CNCA).

There is now much more to Australia's relationship with India than the clichés like cricket, curry and the Commonwealth. India-Australia bilateral relations are showing signs of strengthening further under the Tony Abbott government as both countries have decided to hold the third round of negotiations to finalise a Civil Nuclear Cooperation Agreement (CNCA).

The talks to finalise the nuclear agreement would be held in New Delhi from Nov 25 and are likely to clear the way for the supply of the crucial nuclear fuel to India. The CNCA was also on the top of the agenda as the foreign ministers of both countries, Salman Khurshid and Julie Bishop, met in Perth recently.

The Liberal government's willingness to expedite the process is being seen as a sign of the robust Indo-Australian ties in the years to come.

Australian Foreign Minister Julie Bishop has also been clear about her government's willingness to make special efforts to bolster the bilateral ties with a country which is the fifth largest export market for Australia.

"Advancing relations with India is a priority for the Australian government...Our discussion followed very productive talks between Prime Minister Tony Abbott and Prime Minister Manmohan Singh at the annual Leaders' Meeting in Brunei Oct 10," Bishop said in a media conference after meeting her Indian counterpart Salman Khurshid.

The Indian external affairs minister was in Perth to attend the Indian Ocean Region Association for Regional Cooperation (IOR-ARC) meeting.

"We agreed that conclusion of a high-quality comprehensive economic cooperation agreement would underpin a further significant expansion of the trade and investment relationship to mutual benefit," Julie Bishop said.

Both the countries discussed the importance of building a strategic relationship focussing not only on energy security but also various other matters including trade, defence, environment, etc. Julie Bishop also gave an indication that both the countries are working to finalise dates for the second ministerial meeting on energy security.

"Following the successful visit by Indian Defence Minister (A.K.) Antony to Australia in June, we also had good discussions on how to strengthen our security and strategic cooperation, including reviewing progress towards conducting a bilateral maritime exercise in 2015," Bishop was quoted as saying.

Interestingly, India and Australia have also added cyber security dialogue to the bilateral talks' agenda. The first of such parleys would be organised in the first half of 2014. Threats to the democratic setup in both the countries like terrorism and transnational crime are also on the discussion table.

Australia and India are also working on Comprehensive Economic Cooperation Agreement (CECA) which would facilitate increased trade between two Indian Ocean Rim countries.

India is willing, according to the media reports, to strengthen the economic ties even further as multibillion dollar contract for sourcing Australian gas has been inked.

The defence cooperation between two countries is also fast turning into a reality as navies of India and Australia have staged joint exercises. Both the countries have also laid stress on the security of sea lanes in an era when China is beginning to exert supremacy and is flexing muscle all over the region.

"We agreed that conclusion of a high-quality comprehensive economic cooperation agreement would underpin a further significant expansion of the trade and investment relationship to mutual benefit," Julie Bishop said in Perth.

Australia's first woman prime minister Julia Gillard took some important initiatives to improve Indo-Australian relations. The last Liberal prime minister John Howard also deserves the credit for showing foresight in listing India as among the countries with whom Australia should have strong ties.

India is Australia's fifth-largest export market, the largest source of skilled migrants and the second largest source of international students. India is also turning out to be a significant investor in various mega projects in Australia. The balance of trade is strongly tilted in favour of Australia and it is yet to be seen if India manages to improve her exports to Australia in the future.

In another sign of the growing ties, a major regional conference of persons of Indian origin, the Pravasi Bharatiya Divas, is being organised in Sydney this month.

(Rekha Bhattacharjee is a veteran editor who resides in Sydney. The views expressed are personal. She can be contacted at vijay@hotkey.net.au)

IANS

Source: IANS

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Ukraine Crisis and Asylum Seekers
Ukraine Crisis and Asylum Seekers
Law Office of Alena Shautsova, a New York Immigration law firm located in Brooklyn , provides the full spectrum of immigration services including consultations regarding immigration benefits for citizens of troubled territories.
 
 
Major Efforts to Mitigate Climate Change Well Under Way in Europe
Major Efforts to Mitigate Climate Change Well Under Way in Europe
Responding to the UN report on climate change mitigation, European innovators working across a range of climate innovation disciplines are stressing that major efforts are well under way in Europe.
 
 
EU Climate Innovation Chief Executive: Private, Public and Academic Sectors Need to Come Together
EU Climate Innovation Chief Executive: Private, Public and Academic Sectors Need to Come Together
Mary Ritter, CEO of the EU's main climate innovation initiative Climate-KIC, calls for greater collaboration between the private, public and academic sectors to develop new solutions to stop further climate change.
 
 
InfraGard National Members Alliance Announces New Appointments to the Board of Directors
InfraGard National Members Alliance Announces New Appointments to the Board of Directors
Washington DC, DC, April 12, 2014 --(PR.com)-- The InfraGard National Members Alliance (INMA) announces the appointment of two members to its Board of Directors. The new appointees to three-year terms are Jerry Bowman...
 
 
 

Latest from the Network

The Other Important Number In The President's Obamacare Briefing: 24
President Obama was triumphant on Thursday. After facing months of questions over whether the White House would hit its goal of 7 million Obamacare sign-ups, the president had the latest enrollment data in hand—and it...
Read more on Business Balla
 
It's Good to Be King: LeBron James Tops 2014 Top-Selling NBA Jerseys
We haven’t crowned a winner for the 2014 NBA Championship, but we know who the king is when it comes to jersey sales. For the sixth time, Miami Heat power-forward LeBron James tops the NBA most-popular jersey list based...
Read more on Business Balla
 
The L.A. Clipper Miracle... Next: Democracy Will Break Out in Russia?
The Lakers are dead as Moses. The Clippers, who finished 11 games ahead of them last season and 30 in this one, are No. 3 seeds in the NBA’s Western draw, meaning they’ll be favored to stay alive for the next three or...
Read more on Business Balla
 
12 Reasons Why New Zealand's Economic Bubble Will End In Disaster
New Zealand’s economy has been hailed as one of world’s top safe-haven economies in recent years after it emerged from Global Financial Crisis relatively unscathed. Unfortunately, my research has found that many of...
Read more on Business Balla
 
Britney Spears' dad wants her to stay single
Britney Spears' father reportedly doesn't want her to get married again. The 'Perfume' hitmaker, who broke of her engagement to her former agent, Jason Trawick, in January 2013, is desperate to tie the knot with her...
Read more on Celebrity Balla
 
The Singular Secret For A Leader's Success: Self-Awareness
The National Advisory Council of a prestigious west coast business school was asked what single quality they thought would be most valuable for their graduates to acquire as they graduated.  The answer was self-...
Read more on Business Balla
 
Toby Keith's I Love This Bar & Grill Hit With Tax Warrant
In 2003, country singer Toby Keith went all the way to #1 with his mega-hit, “I Love This Bar.” The incredible popularity of the song inspired a chain of restaurants called Toby Keith’s I Love This Bar & Grill with...
Read more on Business Balla
 
What If Doctors Could Finally Prescribe Behavior Change?
This guest article is by Sean Duffy, CEO and Co-Founder, Omada Health Three out of four Americans will die of a disease that could be avoided—if only they could re-route their unhealthy habits. A new category of...
Read more on Business Balla
 
Steve Jobs and Ezra Cornell: Entrepreneurs
More and more MBA students are choosing to major in entrepreneurship, rather than the traditional disciplines of finance and marketing. How has entrepreneurship changed over the past century-and-a-half? Or has it...
Read more on Business Balla
 
Private Equity's New Macro Challenges
For decades, private equity (PE) firms made money by focusing on the microeconomics of businesses and letting the macro conditions take care of themselves. While investors focused on industry dynamics and company...
Read more on Business Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla