India, Australia firm up clean energy partnership; pushing for mega trade pact
India and Australia sealed an ambitious renewable energy partnership and set their eyes on a comprehensive economic cooperation agreement as Prime Minister Narendra Modi and his Australian counterpart Anthony Albanese vowed to significantly ramp up overall bilateral ties. A raft of issues including ways to boost ties in areas of defence and security ties, mobility, science and technology and education figured prominently at the second India-Australia annual conclave held on the sidelines of the G20 summit late on Tuesday.
The two leaders also looked forward to a long-term vision of defence and security collaboration to enhance collective strength, contribute to both countries' security, and make an important contribution to regional peace and security, according to a joint statement.
The Renewable Energy Partnership (REP) would provide the framework for practical cooperation in priority areas such as solar energy, green hydrogen, energy storage, investments in related projects and allied areas.
In his media statement after the summit talks with Albanese, Modi said both sides will work on new possibilities of cooperation in areas like defence industry, critical minerals, renewable energy, ship building, space and sports.
The two prime ministers 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, the joint statement said.
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