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India, Australia sign 5 Agreements to boost business and education links

On November 22, 2018, India signed 5 agreements with Australia to augment cooperation and improve investments in several areas, i.e. bilateral investment, service to the disabled, agricultural research, scientific collaboration  and education.

On the presence of president Ram Nath Kovind and Australian Prime-minister Minister Scott Morrison, the agreements were signed in Sidney, Australia. Ram Nath Kovind becomes the first ever Head of State to visit Australia. As a part of second part of his two-nation trip, he arrived in Australia on 21st November.

The Agreements are as follows

  • The Government of India signed a pact with the Government of Australia that aim towards the help in the area of disability and to avail services to the differently-abled.
  • Pact between AUSTRADE and INVEST INDIA to expedite bilateral investment.
  • Commonwealth Scientific and Research Organisation, based in Canberra signed agreement with Central Mine Planning and Design Institute, based in Ranchi for cultivate scientific collaboration and innovation.
  • University of Western Australia, Perth is in agreement with Acharya NG Ranga Agricultural University, Guntur for collaboration in education and agricultural research.
  • Queensland University of Technology, Brisbane signs agreement with Indraprastha Institute of Information Technology, Delhi for joint PhD.

High Commissioners of both the country were present to exchange the agreements, Anantkumar Hegde, Minister of State for Skill Development and Entrepreneurship and Marise Payne, Foreign Minister of Australia were also present for the pact.

Subsequent to this meeting between high-delegation of both the country Following the high-level delegation meeting, Australian Prime Minister Morrison declared the statement of Australia’s response to the India Economic Strategy, a proposal to renovate the economic assignation.

 

 

Posted in: Current Affair 2018

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