Strengthening their economic partnership and promoting the freedom of movement of students, graduates, academic researchers and business people topped the agenda of a meeting in Sydney last month between Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese.

During a two-day official visit, Modi emphasized his government’s initiatives to boost bilateral cooperation in various sectors, including fintech, medicine, global cooperation and strategic advancement.
“The biggest foundation of those ties is mutual trust and mutual respect. And that mutual trust and mutual respect is not an outcome of diplomatic ties, but its biggest reason and strength is you, every single Indian living in Australia,” Modi told thousands of Indians settled in Australia, who gathered at the Qudos Bank Arena.
Also attending the event was Albanese, who lauded the healthy relationship between the two countries, several members of his cabinet and members of parliament.
"Our strong partnership with India will deliver benefits for Australia in trade, investment and business, and regional security and stability. This is a relationship we need to invest in,” the Australian prime minister said.
The Indian prime minister also told the audience that he saw Australia and India as long-term allies and expected trade between the two countries to double in the next five years.
Both heads of government are set to meet again in New Delhi, India this September 2023 for the G20 Leaders’ Summit.