PM meets special trade envoy of Australian PM to discuss bilateral trade & economic cooperation

New Delhi, Aug 6 (KNN) Prime Minister Narendra Modi met Tony Abbott- special trade envoy of Australian Prime Minister, and discussed ways to further strengthen bilateral trade, investment and economic cooperation to realize the full potential of the India-Australia Comprehensive Strategic Partnership.

Hon’ble Tony Abbot is former Prime Minister of Australia and is visiting India from 2-6 August 2021. 

The official communique emphasized the need for enhanced economic cooperation between India and Australia and expressed confidence that it would help both countries better address the economic challenges emerging out of the COVID-19 pandemic.

“It would also help them in realising their shared vision of a stable, secure and prosperous Indo-Pacific region”, it noted. 

Prime Minister Modi expressed his satisfaction at the stellar growth of India-Australia ties in recent times and admired the important contributions of Prime Minister Morrison and Former Prime Minister Abbott in this journey. 

Prime Minister also recalled his Virtual Summit last year with Prime Minister Morrison and reiterated his desire to be able to host PM Morrison in India as soon as conditions permit. 

The bilateral relationship was elevated to a Comprehensive Strategic Partnership, under which India and Australia committed, inter alia, to encourage expanded trade and investment flows for mutual benefit and decided to re-engage on a bilateral Comprehensive Economic Cooperation Agreement (CECA). The present visit by the Hon Tony Abbott is reflective of this shared ambition.