Class Notes 4 You

Intro context- The end of Cold War and simultaneously India’s decision to launch major economic reforms in 1991 provided the first step towards closer economic cooperation . The ties were upgraded to comprehensive Strategic partnership in June 2020. Two nations have much in common Colonial history Westminster style government Plural democracies Commonwealth traditions high P2P contacts because of education,tourism,sports Areas of engagement- Defence policy talks Australia- India strategic research fund 2+2 talks at ministerial level Energy security dialogue - Australia has huge reserves of uranium Also India's dependence on China for rare earth metals can be reduced through increasing imports from Australia. Coop in Indo-pacific. Australia has deputed a liaison officer in the IFC- IOR India France Australia trilateral naval exercises and ministerial dialogue affirm commitment for free open and inclusive Indo pacific and a rules based order in the region with ASEAN centrality Relat...

Foreign and Defence Ministers of India and Australia first ever virtual bilateral summit. India- Australia Relations The end of the Cold War India’s nuclear status outside the nuclear Non-Proliferation Treaty (NPT) resulted in Australia taking a particularly strong stance against India’s 1998 nuclear tests. In 21st century, with the changing global scenario, Australia looked at India as an important partner in promoting regional security and stability. up gradation of bilateral relationship to a ‘Strategic Partnership’, including a Joint Declaration on Security Cooperation in 2009. Economic and commercial relations Bilateral goods and services trade at $24.4 billion & FDI at $1.4 Billion 2018, Australia announced “ An India Economic Strategy to 2035”, to shape India- Australia bilateral ties . India Australia Grains Partnership Supply Chain a resilience Initiative with Japan, India and Australia Defence and security cooperation Civil Nuclear Cooperation Agreement, 2014 enabling In...