In line with the development of a stronger bilateral trade relationship between India and Australia, an Indian delegation led by Steel and Mines Minister Narendra Singh Tomar has been at the Asia Pacific’s International Mining Exhibition (AIMEX) in Sydney this week.
It is the largest trade delegation from India to visit AIMEX and they have spent their time meeting with Australian mining equipment, technology and services (METS) companies, and spreading the word about investing in India.
The visit to Australia will also see the signing of a bilateral agreement to prepare a roadmap for using Australian technologies in Indian exploration. The agreement will be signed between the Geological Survey of India and Geoscience Australia.
The delegation’s visit has been facilitated by Austrade and the Australian High Commissioner in New Delhi and Mr Tomar’s participation comes at the invitation of Australia’s Minister for Trade and Investment Andrew Robb.
To foster bilateral cooperation, Minister Tomar is expected to hold meetings with Andrew Robb, Federal Industry and Science Minister Ian Macfarlane, New South Wales Premier Mike Baird and Western Australia premier Colin Barnett. He will also meet with leaders in the mining sector, such as BHP and Rio Tinto, and encourage them to invest in India, especially in the segment of transfer of technology.
The delegation is also expected to visit mines in Western Australia before flying back to New Delhi from Perth.
An official statement from India said: “The visit will enable interaction at the ministerial level between the two countries for cooperation in development of the mining sector for mutual benefit.
“The Indian participation will provide an opportunity to explore investment opportunities, interact with mining companies on the possibilities of joint ventures which would help in exploring business opportunities and highlight the capabilities of the Indian mining sector.”
Austrade has also arranged visits to AIMEX by delegations from China, Chile and Mongolia.