Visit to India for G20 Meetings to Advance our Trade and Investment Interests

23 August 2023

 

Visit to India for G20 Meetings to Advance our Trade and Investment Interests

 

Today I will travel to India where I will attend the G20 Trade and Investment Ministers’ Meeting in Jaipur, and the B20 Business Summit in New Delhi.

 

The G20 brings together the world's major economies representing 85 per cent of global GDP and 75 per cent of international trade.

 

I look forward to meeting with my G20 counterparts to discuss how we can boost international trade and investment to help create more jobs, and address slowing global growth. 

 

I will advocate for Australia’s trade interests, including to reinforce G20 support for a strong rules-based multilateral trading system with the World Trade Organization at its core.

 

I will also use this visit to discuss progress on our Free Trade Agreement with India, the Australia-India Comprehensive Economic Cooperation Agreement, which we are looking to conclude this year.

 

Conclusion of an ambitious agreement will enable Australia and India to realise the full potential of our bilateral economic partnership.

 

While in India, I will also take the opportunity to meet with European counterparts to discuss progress on the Australia-European Union Free Trade Agreement negotiations.

 

In New Delhi, I will join the Australian business delegation at the B20 Business Summit Delhi to promote our incredible exporters, products and services in a growing market of 1.4 billion consumers. 

 

Australia will continue to work closely with India in support of its G20 presidency.