Nirmala Sitharaman, Dan Farrell discuss opportunities for deepening India-Australia economic cooperation
India's Finance Minister, Nirmala Sitharaman, and Australia's High Commissioner to India, Dan Farrell, recently held a virtual meeting to discuss opportunities for deepening economic cooperation between the two countries. The discussions focused on enhancing trade and investment ties and exploring new areas of collaboration. During the meeting, Sitharaman highlighted India's efforts to attract foreign investment, particularly in the manufacturing sector. She also discussed India's plans to become self-reliant in various sectors and invited Australian companies to invest in India. Farrell, on his part, praised India's economic reforms and emphasized the need to further strengthen bilateral trade and investment ties. He also highlighted the potential for cooperation in areas such as healthcare, education, and renewable energy. The two sides discussed the progress made in negotiations for a Comprehensive Economic Cooperation Agreement (CECA) and expressed optimism abou...