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Australia endeavors to reform 'underdone' trade ties with India, says Trade Minister Ciobe

Indians are the second highest tax-paying diaspora in Australia, Trade Minister Steve Ciobe said at an event of the Committee for Economic Development of Australia (CEDA) here.


PTI Last Updated at 31 Jul 2018, 20:07 IST Australia, India

Australia today said it is pushing to improve its "underdone" trade relationship with India and particularly identified Maharashtra as a promising region for investment.

Indians are the second highest tax-paying diaspora in Australia, Trade Minister Steve Ciobe said at an event of the Committee for Economic Development of Australia (CEDA) here.

"Our economic relationship with India is underdone. It is very much in our interests to fix this," Ciobo was quoted as saying by the SBS News.

Asserting that there are huge opportunities to develop business with the sub-continent, the minister said Australia wants to develop relationships with large Indian states, such as Maharashtra, the report stated.

"Maharashtra offers diverse opportunities for Australian firms in education and training, urban infrastructure, financial services, agribusiness, and energy sectors," Ciobo said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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