Greatest Shift
19/11/2017
It is easy to see how developments such as these can generate uncertainty, anxiety and a risk of miscalculation. This is why Australia and India are such champions of the international rules-based order. The Australian envoy here has asserted that India and Australia are "champions" of the international rules-based order which, she claimed, is coming under increasing pressure from issues such as China's action in the South China Sea. Delivering the annual Alfred Deakin Lecture, Australian High Commissioner Harinder Sidhu also said the "shift of global power" from the West to the East is one of the megatrends, well underway. Right now, the Indo-Pacific is witnessing the "greatest shift" in power relativities in the world. Economic success that presents opportunities for growth and prosperity also translates into larger strategic investments in the Indo-Pacific. "However, it is coming under increasing pressure. For instance, China's actions in the South China Sea are confronting the rules we have lived by for decades. North Korea's continued missile testing is raising risks to stability in the region," the envoy said.
On trade ties, the High Commissioner said, at the bilateral level, "we remain committed to Free Trade Agreements including to concluding a Comprehensive Economic Cooperation Agreement(CECA) with India". Beyond the CECA, there is a need to look at all the ways that our two countries can build our economic relationship for the future. Prime Minister Turnbull has commissioned the development of an India Economic Strategy.
India and Australia share a commitment to advancing gender equality in all aspects of life - in politics, in business, in education and at home. Indians and Australians genuinely look at the world through a similar lens. This creates an important foundation for us to cooperate and build a shared future in a world that is prosperous, stable and secure.
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