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Finance Minister Smt. Nirmala Sitharaman meets Australian PM’s Special envoy Mr Tony Abbott

Newdelhi:5/8/21:Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman met Mr. Tony Abbott, Special Envoy of Australian Prime Minister here today and held discussions on various issues of mutual interest.

Mr. Abbott complimented India for undertaking comprehensive and sustained reforms programme and said that India has continued to demonstrate robust growth despite the disruptive impact of the pandemic. Mr. Abbott emphasised that Australia views India as a long-standing, valued and trusted partner.

Finance Minister Smt. Sitharaman appreciated the credible progress observed in economic and commercial relations between the two countries over the past decade including elevation of the India-Australia bilateral relationship into a Comprehensive Strategic Partnership. The Finance Minister also emphasised that the complementarities between both countries provide immense scope for augmenting the economic relationships.

Smt. Sitharaman further highlighted those recent economic reforms and easing of FDI norms in India provide opportunities for Australian investors. The Australian Superannuation funds have invested in National Investment & Infrastructure Fund (NIIF) and have been invited to look at various opportunities to invest in Indian infrastructure.

The Finance Minister offered that a team from Australia could engage with the Indian side to better explore the avenues for investment in National Infrastructure Pipeline projects.

Australia is an important bilateral partner of India with strong liberal democracies, shared diaspora, trade and investment. The bilateral trade has been growing steadily since past decade and there exists immense potential for the two countries to enhance it further in light of the wide spectrum of complementarities and strengths in the post-COVID period.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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