CURRENT AFFAIRS

Detailed explanation-1: -Dan Tehan co-chaired the 17th India-Australia Joint Ministerial Commission meeting in New Delhi on 30 September 2021.

Detailed explanation-2: -The Centre for Australia-India Relations will open this year and serve as a national platform to further strengthen our relationship with India. The Centre will promote stronger business and cultural understanding between our two countries.

Detailed explanation-3: -Foreign diplomatic relations between Australia and India are well-established, with both nations sharing a “Comprehensive Strategic Partnership” since both were part of the British Empire. Both are members of the Commonwealth of Nations, and share political, economic, security, lingual and sporting ties.

Detailed explanation-4: -Yes, the #IndAusECTA was signed last year, on 2nd April, 2022; after Ratification and Exchange of Written Instruments, the Agreement has come into force on 29th December 2022. It helps matters that Australia exports largely raw materials to India, while India exports finished goods.

Detailed explanation-5: -Australia and India are now engaging on a bilateral Comprehensive Economic Cooperation Agreement (CECA) and progressing cooperation in a range of areas, including critical minerals, health, critical technology, science and agriculture.