Comprehensive Strategic Partnership established between India and Australia 

  • IASbaba
  • June 6, 2020
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Comprehensive Strategic Partnership established between India and Australia 

Part of: GS-Prelims and GS-II – International Relations

In News:

  • India and Australia raised their relationship to a Comprehensive Strategic Partnership (CSP) after a ‘virtual’ summit held recently between Prime Ministers of the two countries. 

Key takeaways 

  • 9 agreements were concluded though the summit. 
  • Mutual Logistics Support Agreement (MLSA) was also concluded. 
  • A joint declaration was also issued on a Shared Vision for Maritime Cooperation in the Indo-Pacific
  • MLSA will allow both militaries the reciprocal use of bases, humanitarian and disaster relief cooperation, port exercises, and passage exercises. 
  • Other agreements included:
    • A framework arrangement on cyber technology
    • An MoU on mining and processing critical and strategic minerals including Australian rare earth metals used for electronics
    • Governance
    • Vocational training 
    • Water management.
  • It was also decided to recommence the talks on India-Australia Comprehensive Economic Cooperation Agreement (CECA) which has been suspended since 2015. 

Important value additions 

  • India has signed CSPs with the United Kingdom, Indonesia, Vietnam, and the United Arab Emirates. 
  • Australia has CSPs with China, Indonesia and Singapore. 
  • CSP would raise the level of trust required to improve the trade and investment flows between India and Australia.  

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