India And Australia Launch Renewable Energy Partnership During Modi-Albanese Meeting
Prime Minister Narendra Modi, and the Prime Minister of Australia, Anthony Albanese, held the second India-Australia Annual Summit on the sidelines of the Group of 20 (G20) Summit in Rio de Janeiro on 19 November 2024
Rio de Janeiro: India and Australia on Tuesday officially launched the Renewable Energy Partnership aimed at boosting two-way investment in the renewable energy sectors as Prime Minister Narendra Modi held talks with his Australian counterpart Anthony Albanese in Rio de Janeiro.
PM Modi and Anthony Albanese held the 2nd India-Australia Annual Summit on the sidelines of the G20 Summit in Rio de Janeiro during which they reiterated their commitment to further advance the Comprehensive Strategic Partnership in myriad areas like defence & security, trade & investment, education, skills, sports, space, mobility & people-to-people ties.
The Prime Ministers expressed satisfaction at the increasing two-way trade, business engagements and market access for goods and services enabled under the landmark India-Australia Economic Cooperation and Trade Agreement (ECTA). They welcomed further work towards an ambitious, balanced and mutually beneficial Comprehensive Economic Cooperation Agreement (CECA), to realise the full potential of the bilateral economic relationship
Both leaders welcomed the launch of the Renewable Energy Partnership (REP), as agreed during the 1st India-Australia annual summit.
