AIBX: India-Australia trade & investment ties to get major boost with Australia India Business Exchange launch indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Apr 7, 2021
· will support services and technology providers to grow partnerships and build resilient supply chains in the mining, resources and infrastructure sectors.
Minister for Trade, Tourism and Investment Dan Tehan today launched the Morrison Government’s flagship program to advance trade and investment with India.
“Australia and India already share common values, interests and histories and the Australia India Business Exchange will strengthen that friendship,” Mr Tehan said. “AIBX presents opportunities to build on our close people-to-people ties and shared vision for a secure and prosperous Indo-Pacific. AIBX will give business owners the confidence and capability to engage across our two markets.”
India recently released an Australia Economic Strategy; Australian businesses must seize this opportunity.
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December 22, 2020
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On December 18, India launched its much-awaited Australia Economic Strategy (AES) report, authored by Anil Wadhwa, former secretary (East) of the Ministry of External Affairs (MEA). AES is the only strategy report ever produced by the Indian government for a specific country, and is a reciprocal report to Australia’s India Economic Strategy to 2035 (IES 2035) report, authored by Peter Varghese, the former head of the Department of Foreign Affairs and Trade, and released in 2018. The IES2035 set a target for India to become one of Australia’s top three export markets, to make India the third-largest destination in Asia for Australian outward investment, $100 billion by 2035, and to establish a bigger, better trade basket with balanced trade relations between both countries.