New Delhi, Sep 22 (IANS) To further boost bilateral economic engagement, Union Commerce and Industry Minister Piyush Goyal is set to visit Australia from September 23-25 to interact with leading Australian and Indian CEOs and discuss investment avenues in India.
Commerce Minister will visit the country at the invitation of Senator Don Farrell, Minister of Trade and Tourism of Australia, according to a statement by the Ministry of Commerce and Industry.
Minister Goyal will co-chair with Minister Farrell the 19th India-Australia Joint Ministerial Commission meeting, to be held in Adelaide on September 25, during which both sides will discuss ways to further elevate the bilateral economic engagement.
Commerce Minister will interact with leading Australian and Indian CEOs and industry leaders and representatives from Australian pension funds to highlight the vast opportunities for investment in India.
According to the ministry, the interactions with business and industry leaders are being organised by Business Council of Australia, Centre for Australia-India relations, India Australia Business Community Alliance, AsiaLink Business and CREDAI.
The discussions are aimed at leveraging the complementary strengths and synergies between the economies of India and Australia.
The minister will also interact with the representatives of the vibrant Indian community in Sydney, Indian-origin chartered accountants and emerging leaders of Indian diaspora from various walks of life.
The visit, according to the ministry, will add further impetus to the strong and growing trade and investment ties between India and Australia, which have received a boost following finalisation of the bilateral Economic Cooperation and Trade Agreement.
India-Australia bilateral trade (in goods and services) has crossed $48 billion, and it’s expected to double to nearly $100 billion in the next five years
The minister would also emphasise ‘Make in India’ and ‘Future Made in Australia’ initiatives, creating more jobs and economic benefits to people of both the countries.
“The visit is particularly opportune as it comes at a time when India and Australia have intensified their engagement both bilaterally and in various fora, such as G20 and the Quad, to work together for global good,” said the ministry.
–IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
