• About
  • Advertise
  • Contact
  • Login
Newsletter
NRI Affairs
Youtube Channel
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other
No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other
No Result
View All Result
NRI Affairs
No Result
View All Result
Home News

Centre for Australia-India Relations to receive $44 million funding from Albanese Government

NRI Affairs News Desk by NRI Affairs News Desk
October 28, 2022
in News
Reading Time: 2 mins read
A A
0
Centre for Australia-India Relations to receive $44 million funding from Albanese Government

Source: Canva

Share on FacebookShare on Twitter
Advertisements

Centre for Australia-India Relations (CAIR) has been allocated $44 million in the budget, which has been hailed by the Australia India Business Council (AIBC) as the Albanese Government’s commitment to its establishment.

The Australia-India Economic Cooperation and Trade Agreement (AI ECTA), which was signed in April, and the development of talks on a larger free trade agreement coincide with a crucial period in the relationship between the two countries.

National Chair of the AIBC, Jodi McKay, said the Centre would become a key institution in deepening the dialogue between the two countries and working closely with business and industry to explore and capture the emerging opportunities in India and Australia trade.

“India is the fifth largest and fastest growing economy in the world and is recognised as a key strategic partner for Australia. Two-way trade between the two countries is currently $25 billion and is forecast to grow to $45 billion within the next five years,” Ms McKay said.

“The Centre will play a key role in helping India and Australia meet those aspirations,” she added.

According to Ms McKay, the Centre’s focus on promoting policy dialogue and strengthening the industry and business links is important, but so too is engaging Australia’s rapidly growing Indian diaspora.

“AIBC has long championed business-to-business links, but also believes there must be greater emphasis on the growing India diaspora and its connection to India.”

Advertisements

“The Centre will provide a focus on Australia’s Indian diaspora as a “living bridge” between the two countries, which until now has been missing from Australia’s strategic approach to India,” said Ms McKay.

“Our connection to India must be more than a transactional relationship. There is an opportunity for the Centre to play a critical role in developing genuine relationships by growing cultural understanding and business literacy to ensure long-term, sustainable success.”

With funding now secured, AIBC is advocating for the Centre to be established in Western Sydney, which is home to a large Indian diaspora.

NSW President, Irfan Malik, said there was great support for the Centre to be established in Parramatta, which is NSW’s second city and a thriving commercial hub.

“As well as making sense from a business perspective, establishing the Centre in Western Sydney would also send a message to the Indian Australian community that the Federal Government understands their importance in advancing the business and cultural ties between India and Australia.”

“AIBC congratulates the Albanese Government on the funding commitment over four years and looks forward to supporting the Centre’s crucial work.”

Logo2
NRI Affairs News Desk

NRI Affairs News Desk

NRI Affairs News Desk

Related Posts

UN Official Condemns India’s Failure to Protect Muslims After Kashmir Terror Attack
News

UN Official Condemns India’s Failure to Protect Muslims After Kashmir Terror Attack

June 15, 2025
Rahul Gandhi accuses Modi government of ‘match-fixing’ Maharashtra elections
News

Rahul Gandhi accuses Modi government of ‘match-fixing’ Maharashtra elections

June 8, 2025
Narendra Modi Invited to G7 Summit in Canada Amid Political Controversy
News

Narendra Modi Invited to G7 Summit in Canada Amid Political Controversy

June 7, 2025
Next Post
India makes up the majority of new immigrants in Canada

India makes up the majority of new immigrants in Canada

Canadian town, once circumspect of immigration, calls for global labour SOS

Canadian town, once circumspect of immigration, calls for global labour SOS

Sydney’s South Asian Theatre Mela 2022 to champion voice of South Asian Women

Sydney's South Asian Theatre Mela 2022 to champion voice of South Asian Women

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Sacred India Gallery

Who is Jagattarini, the Australian woman Modi mentioned in ‘Mann Ki Baat’

4 years ago
pexels ksenia chernaya 3965543

औसत का महत्व!

4 years ago
“He was planning to go to India”: Student killed in a fire in Parramatta

“He was planning to go to India”: Student killed in a fire in Parramatta

3 years ago
Anthony Albanese

‘If there’s something we need in this time of uncertainty, it is the glow of your diyas’: Anthony Albanese’s Diwali wish

4 years ago

Categories

  • Business
  • Events
  • Literature
  • Multimedia
  • News
  • nriaffairs
  • Opinion
  • Other
  • People
  • Student Hub
  • Top Stories
  • Travel
  • Uncategorized
  • Visa

Topics

Air India Australia california Canada caste china COVID-19 cricket election Europe Gaza Germany Green Card h1b visa Hindu immigration India india-australia Indian Indian-American Indian-origin indian diaspora indian origin indian student Indian Students Khalistan London Modi Narendra Modi New Zealand NRI NSW Pakistan Palestine Singapore student students travel trump UAE uk US USA Victoria visa
NRI Affairs

© 2025 NRI Affairs.

Navigate Site

  • About
  • Advertise
  • Contact

Follow Us

No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other

© 2025 NRI Affairs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com