CANBERRA, Australia – Australian Prime Minister Anthony Albanese announced that he will visit India in March 2023 to lock India-Australia Economic Cooperation and Trade Agreement (ECTA) deal and upgrade the relationship, according to the statement released by the Australian PM.
Addressing the presser, PM Albanese said on Wednesday he has discussed economic cooperation between Australia and India with Prime Minister Narendra Modi, and is taking the discussion to another step.
“I also met with Prime Minister Modi of India, where we discussed the finalisation of the closer economic cooperation agreement between Australia and India, which we regard as being very important for expanding the economic relationship between Australia and India,” the statement read.
“I will visit India in March. We’ll take a business delegation to India. And that will be an important visit and an upgrade in the relationship that we have between our two nations.”
This announcement came on the sidelines of the 17th edition of the G20 summit.
According to the statement, the Albanese said that Prime Minister Narendra Modi will visit Australia next year for the Quad Leaders’ meeting, returning to India later in the year for the G20 Summit.
“We also spoke about the details of the Quad Leaders’ meeting that will take place next year,” the Australian PM added.
Recently, Prime Minister Modi met with the Australian PM on the sidelines of the G-20 Summit in Bali and reiterated their stand for a shared and peaceful Indo-Pacific region amid Chinese assertiveness.
“The Leaders exchanged views on regional and global issues of mutual interest, which included their shared vision for a stable and peaceful Indo-Pacific Region, climate-related matters and India’s G20 Presidency,” read Prime Minister’s Office press release.
The 2022 G20 Bali summit was the seventeenth meeting of Group of Twenty (G20), a summit scheduled to take place in Nusa Dua, Bali, Indonesia on 15–16 November 2022.
During the Bali Summit, G-20 leaders deliberated extensively upon key issues of global concern under the Summit theme of “Recover Together, Recover Stronger”.
At the Summit’s closing session, President Widodo symbolically hand over the G20 Presidency to Indian PM Modi. India will formally assume the G20 Presidency from December 1, 2022.