India, Australia hold delegation-level bilateral talks

Cheryl Sanders
April 16, 2017

The Australian PM also emphasised on the need to conclude the Regional Comprehensive Economic Partnership (RCEP) led by China in the wake of the USA rejecting the TransPacific Partnership agreement.

Earlier yesterday, both the Prime Minister hosted a joint press conference, where PM Modi had praised the Australian PM saying that his visit gave both the countries to shape new priorities in the strategic partnerships between India and Australia. Mr Modi said that Mr Turnbull and he recognised that their future was deeply tied to peace and stability in the Indo-Pacific.

A FREE trade agreement between Australia and India is still a long way off it seems, with Prime Minister Malcolm Turnbull yesterday saying progress on an agreement was slow.

"Prime Minister Modi has an ambitious reform agenda. Our ties are strong and will be stronger because of this visit", Turnbull said.

In a joint statement, the two leaders stressed their support for continued bilateral nuclear cooperation. "Just last month, we witnessed a thrilling conclusion to the Border-Gavaskar trophy", Modi said.

Modi also said that the Australia-India Research Fund of almost $100 million has focused on collaborative research projects in areas such as nanotechnology, smart cities, infrastructure, agriculture and disease control.

Indian PM Narendra Modi (R) with his Australian counterpart Malcolm Turnbull addressing the media at Hyderabad House. "Today, Virat Kohli in India and Steven Smith in Australia are shaping the young brigades of cricket", he added.

However, Turnbull assured India that the first shipment of uranium from Australia to India will happen "as soon as possible".

"Both India and Australia recognise the central value of education and innovation in the prosperity of our societies", he said.

In a rare gesture, the Indian Prime Minister took his Australian counterpart for a ride in the Delhi Metro Rail and visited the Akshardham Temple along the banks of the Yamuna river.

"The wheels of industry go on and we're working to identify tangible, commercial opportunities to strengthen two-way trade and investment and this will be a particular focus of my visit to Mumbai", he said.

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