Modi in Australia : Albanese announce a migration agreement with India.

India and Australia have announced a migration agreement in order to promote economic relations.

Anthony Albanese, the prime minister of Australia, and Narendra Modi, the prime minister of India, met on Wednesday in Sydney.

The purpose of the agreement is to encourage the reciprocal movement of academic researchers, businesspeople, graduates, and students.

They also talked about regional security in light of escalating tensions in the region.

The Quad group, which also includes Japan and the United States, includes India and Australia as members.

The group’s scheduled meeting in Sydney was cancelled last week because US President Joe Biden had to travel to Washington for debt ceiling talks.

In contrast, Mr. Modi kept on in the direction of Sydney as planned after attending the G7 summit in Japan and visiting Papua New Guinea.

Two months after Mr. Albanese’s trip to India in March, Mr. Modi will make his first trip to Australia since 2014.

For some years, negotiations for the migration accord have been ongoing. Australia already has a considerable number of Indian migrants – census figures reveal that about a quarter of the more than a million people who immigrated to Australia since 2016 were from India.

The negotiated migration agreement will also result in the formation of a new scheme dubbed MATES (Mobility Arrangement for Talented Early Professionals Scheme), which has been “specifically created for India,” according to a release.

According to the Indian prime minister, the two countries have also talked about enhancing their cooperation in mining and the supply of vital minerals and moving through with plans to create an Australia-India Green Hydrogen Taskforce.

India and Australia are also negotiating a comprehensive economic cooperation agreement, which has been in the works for more than a decade.

Thousands of people from the country’s Indian diaspora headed to one of Sydney’s largest indoor stadiums on Tuesday to hear Mr Modi speak at a rally.

He emphazised that mutual trust and respect form the foundation of the relationship between India and Australia.

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