Australian PM prepares Modi’s ‘friend’ ‘favorite’ khichdi and ‘famous’ new business ties | world news
Australian Prime Minister Scott Morrison commemorated Indo-Australian ties by cooking Indian delicacies during his “curry night”, the photos of which he also posted on his Instagram account. “To celebrate our new trade deal with India, the curries I have chosen to cook for curry night tonight are all from my dear friend Prime Minister Narendra Modi’s Gujurat province, including his favorite Khichdi” , Morrison wrote on Instagram, along with photos of the food and him in the kitchen. “Jen, the girls and mom all approve,” he added.
India and Australia recently signed an economic and trade cooperation agreement under which Canberra would provide duty-free access to its market for over 6,000 of India’s major sectors, including textiles, leather, furniture, jewelry and machinery. The agreement – signed by Union Minister for Trade and Industry Piyush Goyal and Australian Minister for Trade, Tourism and Investment Dan Tehan in a virtual ceremony – is expected to be implemented in about four months. Modi and Morrison were also present during the virtual ceremony.
Goyal said the deal would help boost bilateral trade from the current $27.5 billion to $45-50 billion in the next five years.
Under the pact, Australia offers duty-free access to India for approximately 96.4% of exports (by value) from day one. This covers many products that are currently subject to 4-5% tariffs in Australia.
India, on the other hand, will offer zero-duty access for more than 85% of its tariff lines to Australia, which will include products like coal, mutton, wool, LNG, coal, alumina, metal ores, including manganese, copper and nickel; titanium and zirconium.
A few days after signing the pact, Piyush Goyal also paid a three-day visit to Melbourne in Australia.
Australia is India’s 17th largest trading partner, while New Delhi is Canberra’s 9th.
(With contributions from the agency)