India-Australia Strategic Alliance Chairman, Dr Jagvinder Singh working to promote strategic trade between India and Australia
New Delhi — Australia’s Opposition Leader and former Defence Minister, Peter Dutton is visiting India with 20 top Industrialists this week to participate in a 4-day Economic Trade Delegation Summit starting November 1.
Organised by the India-Australia Strategic Alliance led by its Chairman, Dr Jagvinder Singh Virk to promote strategic trade between India and Australia, is being held on an invitation by Prime Minister, Shri Narendra Modi to Peter Dutton. The purpose of the visit is to establish a Strategic Trade Alliance for mutual investments between India and Australia.
This landmark event, the Economic Trade Delegation Summit, is scheduled to take place at the prestigious Hotel Leela Palace from November 1st to November 4th, 2023. The primary focus of this trade delegation, led by Dr. Jagvinder Singh Virk and Peter Dutton, is to forge successful trade and business alliances following the Free Trade Agreement signed by the Indian and Australian Governments in year 2022.
The overarching theme of this year’s Economic Trade Delegation is “Driving Businesses to the Next Effective Levels” in an increasingly interconnected Global Economy often referred to as ‘The Global Village.’ The summit seeks to drive growth and productivity in various industries, including Education, Space, Agriculture, Information Technology, Health Care, Financial Technology, Rural Development, Defence, and Renewable Energy. With India’s large population and diverse demographics, social enterprises play a crucial role in advancing business outcomes. These enterprises balance profitability with social impact, making them integral to the success of global partnerships.
The summit aims to shed light on the path that business leaders and social entrepreneurs follow and emphasize the role of business mentorship, funding assistance, and market understanding in facilitating the success of international collaborations. This initiative places social enterprises at the heart of both India and Australia’s developmental goals, contributing significantly to the growth and prosperity of both nations.
In a compelling display of his commitment to fostering a strong relationship between Australia and India, Peter Dutton, the esteemed leader of the Liberal Party, embarked on his inaugural visit to India, following a resounding victory in the recent referendum. This visit not only signifies his growing leadership roles but also underscores his profound love and respect for India. It is a testament to the ever-evolving and vital bilateral relationship between our two nations.
During the meticulously planned Economic & Trade Delegation from November 1st to November 4th, 2023, there will be focused sessions designed to maximize the impact of businesses and support systems that enable the growth of Indian and Australian companies.
Furthermore, the delegation will pay a visit to the Akshardham Temple on the morning of November 1st and offer their respects at the Sri Bangla Sahib Gurdwara on the morning of November 2nd, 2023, as part of their cultural engagement during the visit.