HOME   
   NEWS   
   BUSINESS   
   CRICKET   
   SPORTS   
   MOVIES   
   NET GUIDE   
   SHOPPING   
   BLOGS  
   ASTROLOGY  
   MATCHMAKER  


Search:



The Web

Rediff








Business
Portfolio Tracker
Business News
Specials
Columns
Market Report
Mutual Funds
Interviews
Tutorials
Message Board
Stock Talk



Home > Business > PTI > Report

India Inc urges Australia for priority visa processing

Neena Bhandari in Sydney | April 16, 2003 11:47 IST

Representatives of Indian companies in Australia have urged Canberra to ensure priority processing of visas for business executives and provide a level playing field.

"There should be priority processing of visas for business executives and Indian companies should be put on equal footing for government opportunities such as in electronic commerce," Anil Verma, convenor of Forum of Indian IT companies in Australia, said at a special interactive session between Australian Federal Parliamentarians and representative of Indian companies in Sydney.

With India being the largest and one of the most diverse democracies and Australia, a smaller, middle-level developed economy, there is symmetry between the two and scope for cooperation in wide range of areas, Bruce Baird, MP and chairman of the Australia-India Parliamentary Group said.

Jagdish Acharya, Regional Head of South Pacific Operations, Apco Coatings said, "We have common synergies in material supply chains. There is plenty of scope for mutual exchange in the construction industry, particularly raw materials between the two countries."

Apco, a significant player in Austral-Asian markets, has two manufacturing units for paints in Townsville and Brisbane.

Duncan Kerr, MP from Denison in Tasmania said there have always been small groups of India enthusiasts, but the bilateral connections have not been so strong.

"In the mid 1990s there was a momentum towards building stronger trade relations with India, which was being recognised as a large economy with opportunities," he said.

However, under the present John Howard government, much of that energy has drained out and the focus is on traditional relationships, he lamented.

"It is unfortunate that India is seen as a backward country despite being the heart of technology and a paradise for tourism," Kerr said.

The participants at the meeting emphasised the enormous potential between the two countries and given the fact that both are English-speaking countries in the Asia-Pacific region with similar rule of law and banking, the bilateral ties should be stronger.

Indian High Commissioner to Australia R S Rathore said the Australia-India Friendship Group of the Federal Parliament of Australia had not been very active in the past.

"This forum will provide a broader view of what India is and expose Indian businesses to Australian parliamentarians," he said.

The ministerial visits to New Delhi and Canberra in the past years have given a fresh momentum to exploring economic, regional and strategic partnerships between the two countries.

The bilateral trade between India and Australia was A$3.42 billion during 2002. While this showed a rise of 5.8 per cent compared to 2001, India's share of Australia's total exports is only 2.1 per cent and total import is a bare 0.7 per cent.



© Copyright 2003 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.





Article Tools

Email this Article

Printer-Friendly Format

Letter to the Editor



Related Stories


China's exports to India up 40.8%

Gains foreseen from Spore pact



People Who Read This Also Read


Military intelligence

Hindon to provide cover to Delhi

Ahmedabad to have Muslim mayor







HOME   
   NEWS   
   BUSINESS   
   CRICKET   
   SPORTS   
   MOVIES   
   NET GUIDE   
   SHOPPING   
   BLOGS  
   ASTROLOGY  
   MATCHMAKER  
© 2003 rediff.com India Limited. All Rights Reserved.