Australia will Work Closer with India, Says PM Turnbull
20 April, 2017, 13:27 | Author: Leticia Walters
"They welcomed the significant progress achieved through the bilateral Framework for Security Cooperation agreed in 2014", it stated.
Referring to Smith's haul of 499 runs in the four-match series, Modi said,"I hope your visit to India is as productive as it has been for Steven Smith's batting, the other Australian Captain".
On the much-delayed supply of uranium from Australia to India, Joint Secretary (South) in the External Affairs Ministry Jaideep Mazumdar had said Australian parliament had cleared a legislation for the supply of uranium to India past year and now "commercial negotiations" for it are going on, indicating that there was no firming up of any such pact so far.
Turnbull, who is on a Visit to New Delhi, said he was prioritising the broader Asia-Pacific forum that includes China, but said Australia can not overlook India's market for farm exports from Australia and opportunities for skilled Indian workers there. The deal would involve India and is a substitute to Trans-Pacific Partnership. The forum gives membership to economies which share borders with Pacific oceans. Turnbull said that two-way trade in goods and services past year was almost $20 billion - more than double of what it was a decade ago.
Along with the first bilateral maritime exercise, the two countries are expected to have their maiden military exercise in 2018.
While Modi thanked Turnbull for passage of a legislation by the Australian parliament with bi-partisan support paving way for the country to export uranium to India, Turnbull said he was looking forward to starting the supply "as soon as possible".
In this format the secretaries or ministers of the defence and foreign affairs jointly holds dialogues with thier counterparts. Trilateral cooperation among Australia, Japan and India is welcome. "We have good security cooperation on the maritime front", he added.
"Australia will work more closely with India to forge stronger ties".
In this regard, the two Prime Ministers also welcomed the signing of an MoU on fighting global terrorism and transnational organised crime.
Bilateral trade with India has doubled over the past decade to around $20 billion, Turnbull also said, but that was a fraction of what it could and should be.
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