Indian Prime Minister Narendra Modi and his Australian counterpart Scott Morrison, today held a virtual meeting. The two leaders, during their hour long meeting discussed collaboration plans in areas such as critical minerals, water management and renewable energy.
Indian Prime Minister Narendra Modi and his Australian counterpart Scott Morrison, today held a virtual meeting.
The two leaders, during their hour long meeting discussed collaboration plans in areas such as critical minerals, water management and renewable energy.
The two countries agreed that the Ukraine crisis should not divert the Quad group's attention from the Indo-Pacific region.
India is the only Quad member that has not condemned Russia’s invasion of Ukraine. It has refrained from taking sides and abstained from voting against Russia at the UN or criticizing President Vladimir Putin. Analysts say India’s position stems from New Delhi’s reliance on Russia, which was a Cold War ally for energy, weapons and support in conflicts with its neighbors.
Modi and Morrison said they would also prioritize building economic relations and the Comprehensive Economic Cooperation Agreement for which negotiations first began in 2011. Talks on an interim trade deal were ongoing with the hope of reaching an outcome at the earliest, India’s foreign secretary Harsh Vardhan Shringla said at a press briefing after the virtual summit.
To discuss the road ahead for India-Australia relationship, CNBC-TV18 spoke to Barry O'Farrell, Australia’s High Commissioner to India.
Watch video for more.
With text inputs from agencies.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Recommended ArticlesView All
Nifty Bank hits a record high - Here's what lies ahead for the index
May 29, 2023 IST2 Min(s) Read
The Untold: Generics vs Branded Generics—here’s how India’s drug price ‘control’ kills the patient
May 29, 2023 IST7 Min(s) Read
World View: G20 energy transition meet— the critical role of natural gas in India's adaptation
May 29, 2023 IST5 Min(s) Read
Zoomed Out: Politics, not economics, may explain demonetisation and 2000-Rupee withdrawal better
May 28, 2023 IST5 Min(s) Read