Australian Emissary - Economic Ties To Be Improved With India

03 Aug 2016

Harinder Sidhu, Australian High Commissioner takes an initiative to strengthen financial cooperation of Indian Subcontinent with Australia. Harinder is quite determined on the fact that Australia and India need to work together in many sectors such as, dairy, sports, agriculture, scientific research and education.

According to a survey, India is the ninth largest partner in trading and fifth biggest export market for Australia. The trade profit between both countries in 2015 hit approximately $20 Billion. Even though the profit shows a healthy economic relationship between Australia and India, there is more scope for further growth which will improve economic relations.

Australian trade relations with China are ten times more than its trade relation with India. According to the High Commissioner, Australia’s expertise in dairy sector can be useful for India’s increasing milk production and decreasing food grain wastage especially in Punjab.

Australia fulfilled a civil nuclear cooperation in 2015 and is also supporting India’s entry in the nuclear supplier group. Australia is being quite supportive in many other fields as well. In the field of education, Australia has started a multiple-entry visa system for Indian students.

Sidhu also said, “Australia has an international migration program that encourages genuine applicants”. The country has been welcoming many applicants for the past forty years through this global migration program.

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