NausheenAIR 9 · CSE 2023 · 126 wordsTheir whole copy
Opening
India and Australia are collectively members of QUAD, G20 and have common interests in Indo-Pacific.
Body · points and prose
Synergy of shared values and vibrant people-to-people connections
Fostering long-lasting trade relations and strategic collaborations
- (1) Both part of IPEF of USA.
- (2) Long term goal of CECA for fostering it.
- (3) Common interests in S-E Asia and African markets.
Strategic collaborations
- (1) Countering china's aggression in Indo-pacific.
- (2) Cooperations with other nations like Japan and USA for rule based world order.
However,
- Trade relations has not been upto mark.
- India has declined to join RCEP due to fear of Australia's market access.
Close · a way forward
Therefore, there is a need to expand the ties between the two nations for economic and strategic partnerships.