India-Australia 2nd virtual summit today, Scott Morrison to unveil Rs 1,500 crore investment package

new Delhi: Prime Minister Narendra Modi and Australian PM Scott Morrison will hold the second India-Australia virtual summit today (March 21, 2022) and discuss a range of regional and multilateral issues.

During the summit, Morrison will also unveil an investment package of Rs 1,500 crore to boost bilateral ties and the two leaders will take stock of the progress made on various initiatives under the Comprehensive Strategic Partnership.

“The virtual summit will pave the way for new initiatives and enhanced cooperation in diverse fields between India and Australia. The leaders are expected to commit to closer cooperation in trade, critical minerals, migration and mobility, and education,” India’s Foreign Ministry said in a statement.

The two sides will also discuss a number of regional and multilateral issues, including: situation in ukraine and its implications for the Indo-Pacific and Myanmar.

India said the summit highlights the importance attached by the two countries to their bilateral relations as well as their close cooperation on regional and global issues.

The summit follows the historic first virtual summit on 4 June 2020 when the relationship was upgraded to a Comprehensive Strategic Partnership.

Prime Minister Modi and PM Morrison met in Washington DC in September 2021 for the first in-person meeting since the COVID-19 pandemic on the margins of the Quad Leaders Summit and then jointly launched the Infrastructure for Resilient Island States (IRIS) . In Glasgow on the margins of COP26 in November 2021.

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