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Will hold a 'Make in India' show in Australia in 2015: PM

By Niranjan Mudholkar,

Added 18 November 2014

There are huge opportunities for partnership in every area we can think of.

Speaking to the media during his visit to Australia, India's Prime Minister Narendra Modi has said that India will hold a ‘Make in India' show in Australia in 2015.

"Australia would also be holding Business week in India in January 2015. We also agreed on seeking early closure on the civil nuclear agreement, which will give Australia a chance to participate in one of the most secure and safe nuclear energy programme in the world."

Prime Minister Narendra Modi also shared that he and the Australian Prime Minister have spent the last week together - at the East Asia Summit, the G20 and for this bilateral summit.

"This reflects the broad framework of our relationship, defined by a growing partnership in the cause of a peaceful and prosperous world, and a strong and broad-based bilateral relationship." He further added that this is a natural partnership, arising from the two countries' shared values and interests, and their strategic maritime locations.

"India and Australia have a great economic synergy. There are huge opportunities for partnership in every area we can think of - agriculture, agro-processing, resources, energy, finance, infrastructure, education, and science and technology.

"The economic climate in India has changed. I believe it will be a lot easier to convert opportunities into concrete outcomes. Prime Minister Abbott and I discussed what we should do to impart real momentum to our economic partnership."

PM Modi also said that reconstituting the CEO Forum is an important step. "We have agreed to speed up negotiations on the Comprehensive Economic Partnership Agreement. I also asked for easier access for Indian business to the Australian market and quicker investment approvals."

He welcomed the New Framework for Security Cooperation. "Security and defence are important and growing areas of the new India-Australia partnership - for advancing regional peace and stability, and combating terrorism and trans-national crimes," he said.
END

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