Summary:

India and Australia have strengthened their ties through the Renewable Energy Partnership (REP) and the Comprehensive Economic Cooperation Agreement (CECA). During the G20 summit, Prime Ministers Narendra Modi and Anthony Albanese discussed key issues such as defense, security, and renewable energy. The REP focuses on solar energy, green hydrogen, and energy storage, while the CECA builds on the successful Economic Cooperation and Trade Agreement, which boosted trade by 40% in two years.

The joint statement highlighted the synergy between India’s 'Make in India' and Australia’s 'Future Made in Australia' initiatives to drive job creation and economic growth. Both leaders emphasized the importance of reforming global institutions and resolving issues through dialogue. They reaffirmed their commitment to the Quad and pledged collaborative efforts for the upcoming summit in India. Their shared vision for security, prosperity, and sustainable development aims to address regional challenges, including China’s aggression.

Source: IBEF 

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