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India-Australia Relations - Coggle Diagram
India-Australia Relations
Context
It is is aimed at facilitating joint production of films between the two countries.
The Union Cabinet has approved the signing of an Audio Visual Co-production Treaty between India and Australia
Backgrounder of the ties
Penal colony of New South Wales was controlled by the British East India Company through Kolkata.
India Trade Office in Sydney in 1941
Ties started immediately following European settlement in Australia from 1788
End of the Cold War and reforms in 1991 provided the first positive move
Shared values of a pluralistic, Westminster-style democracies, Commonwealth traditions
Various dimensions of ties
Cultural ties:
Cricket and Hockey, IT professional immigrants, increasing Indian students coming to Australia
Trade and Economy:
ndia is the 5th largest trade partner of Australia
Strategic Partnership:
Mutual Logistics Support Agreement, Ex AUSINDEX, QUAD, 2+2, Indo-Pacific Narrative, UNSC, APEC
Political partnership:
G-20, ASEAN Regional Forum (ARF), IORA (Indian Ocean Rim Association), Asia Pacific Partnership on Climate and Clean Development, East Asia Summit and the Commonwealth.
Some irritants in ties
High tariff on agri products in India, Non-tariff barriers in Australia
Future of QUAD
India left RCEP negotiations
Racism against Indians and Visa Policy
India’s trade deficit with Australia has been increasing since 2001-02
Way forward
‘Engage and balance’ China
Strengthen QUAD
Removal of trade barriers
Begin negotiations for FTA
Upgradation of 2+2 format:
Future of ties
Key is to keep the Australia story thriving in India
Needs a holistic multi-stakeholder strategy and approach
Both are keen to move beyond mere rhetoric and build a robust partnership