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Union Steel Minister calls for greater collaboration between Australia and India in the area of Steel & Mining through technology transfer and knowledge sharing

Delhi 

Union Steel Minister calls for greater collaboration between and in the area of Steel & Mining through technology transfer and knowledge sharing

An Australian delegation led by Assistant Minister for Trade, Tourism and Investment, Mr. Keith Pitt called on Union Steel Minister Shri Birender Singh at Udyog Bhawa today. The meeting was attended by Deputy High Commissioner to Mr Chris Elstoft, Secretary, Steel Dr. Aruna Sharma and other senior officials from and

Shri Birender Singh shared details of Policy 2017 and other initiatives being implemented by Indian Government under the leadership of Prime Minister Shri Narendra Modi. He invited Austrlian Government and Businesses to be a part of the ambitious growth and development opportunities available in He stated that the New provided ample scope for strengthening bilateral relations through investments, technology transfer and knowledge sharing. The Minister also highlighted areas of concern for steel industry like wide fluctuations in prices of coking coal imported from and disadvantage to Indian steel exporters due to concessional tariffs for other countries.

Mr. Keith Pitt remarked that is also keen on widening the scope of relations from Natural Resources to technology sharing and knowledge exchange. Australian investors are excited to witness growth and potential of business in India, he added. Mr . Pitt said that would be happy to help in sharing its expertise in extracting resources efficiently.

Both sides agreed to take the discussions further for working on areas of mutual interest and finding avenues for collaboration and cooperation.

YSK/MI

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 28 2017. 00:20 IST