2nd India-Australia Annual Summit held in Rio; Renewable Energy Partnership launched
On 19 November 2024 in Rio de Janeiro, PM Modi and Australian PM Anthony Albanese held the 2nd India-Australia Annual Summit on the sidelines of the G20 Summit.
Summary
On 19 November 2024 in Rio de Janeiro, Brazil, PM Narendra Modi and Australian PM Anthony Albanese held the second India-Australia Annual Summit on the sidelines of the G20 Summit, ahead of the fifth anniversary of the Comprehensive Strategic Partnership in 2025. They welcomed the launch of the India-Australia Renewable Energy Partnership (REP) covering solar PV, green hydrogen and energy storage, and the extension of the Australia-India Business Exchange (AIBX) for four years from July 2024. They welcomed the new Australian Consulate-General in Bengaluru and the new Indian Consulate-General in Brisbane, the launch of Australia's Working Holiday Maker visa for India in October 2024, and the planned launch of Australian satellites on an Indian launch vehicle in 2026. They intend to renew the Joint Declaration on Defence and Security Cooperation in 2025, when the next Annual Summit is due.
Key facts
- Date/place
- 19 Nov 2024, Rio de Janeiro (G20 sidelines)
- Edition
- 2nd India-Australia Annual Summit
- New
- India-Australia Renewable Energy Partnership (REP)
- AIBX
- Extended 4 years from July 2024
- Consulates
- Australia in Bengaluru; India in Brisbane
- Space
- Australian satellites on Indian launcher in 2026
- Defence
- Joint Declaration to be renewed in 2025
- CSP 5th anniversary
- 2025
Practice MCQs 3 questions
Where was the 2nd India-Australia Annual Summit held on 19 November 2024?
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Correct answer: A — Rio de Janeiro
PIB (MEA joint statement): the summit was held on the sidelines of the G20 Summit in Rio de Janeiro on 19 November 2024.
In which Indian city did the 2nd India-Australia Annual Summit welcome the opening of a new Australian Consulate-General?
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Correct answer: D — Bengaluru
PIB (MEA joint statement): the leaders welcomed the new Consulate-General of Australia in Bengaluru and of India in Brisbane.
Consider the following about the 2nd India-Australia Annual Summit: 1. The leaders welcomed the launch of the India-Australia Renewable Energy Partnership. 2. The Australia-India Business Exchange (AIBX) was extended for another four years from July 2024. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
PIB (MEA joint statement): both are correct; the REP covers solar PV, green hydrogen, energy storage and related areas.