The New Roadmap for Australia’s Economic Engagement with India is an opportunity for Australia to strengthen relations with India and diversify our trade and to support our respective economic security interests. ATSE would support a strategic, long-term approach to building trade and investment networks.
Ongoing partnerships would be desirable in areas of mutual interest including clean energy, agriculture and water, aerospace engineering and education building on existing ties between Australia and India.
ATSE makes the following recommendations for the New Roadmap for Australia’s Economic Engagement with India:
Recommendation 1: Take a long-term approach to initiatives under the Roadmap for Australia’s Economic Engagement with India.
Recommendation 2: Expand advice provision to Australian businesses working with India, and vice versa.
Recommendation 3: Strengthen trading partnerships for clean energy products and services.
Recommendation 4: Foster innovation partnerships for mutual benefit in agriculture, food and water management as a foundation for trade.
Recommendation 5: Facilitate collaboration on aerospace and aviation technologies.
Recommendation 6: Prioritise continued education sector ties between Australia and India.