Key features of Australia-India deal
The Australian and Indian governments have announced a landmark deal between the two nations including a range of significant investments.
TRADE
* A $17.9 million package to establish a new Australia-India innovation network and cooperate on trades standards and skills.
* New consulate-general to be established in Bengaluru, the capital of India's southern Karnataka state.
SCIENCE AND TECHNOLOGY
* "Green Steel" partnership worth $35.7 million to collaborate on research, production and commercialisation of clean technologies, critical minerals and energy.
* A $25.2 million package to expand the Australian Space Agency's international space investment to further space cooperation with India.
* Australia-India Strategic Research Fund to receive $17.2 million to establish an innovation and technology challenge.
CULTURE
* Increased mobility opportunities for Australians and Indians by establishing a taskforce to develop recognition arrangements for education qualifications.
* Launch of a $28.1 million Centre for Australia-India Relations to increase community ties, promote public discussions and policy dialogue, and engage the Indian community in Australia.
* Maitri initiatives package worth $20.8 million to support scholarships, fellowships, grants and cultural partnerships between Australia and India.
* Broadcasting partnership between Australia's SBS and India's Prasar Bharati.
DEFENCE
* Indian maritime patrol aircraft to be deployed to Australia.
* Increase cooperation on maritime issues.
* Young officer exchange program to be established to increase understanding between Indian and Australian defence forces, improve training opportunities and enhance capabilities.
INDO-PACIFIC INVESTMENT
* $11.4 million to improve regional cooperation on maritime shipping, disaster resilience and information sharing.
* $5.8 million to promote infrastructure investment opportunities in the region to Australian business.
* New high commission to be established in the Maldives as part of investment in the region.
The Australian and Indian governments have announced a landmark deal between the two nations including a range of significant investments.
7news.com.au