Categories: Agreements

Australia announces partnership with India for Indo-Pacific Oceans Initiative

Australia has announced a grant of Rs 81.2 million (AUD 1.4 million) under the Indo-Pacific Oceans Initiative (IPOI). IPOI was proposed by Indian Prime Minister Modi at the East Asia Summit in November 2019 and Australia is co-leading New Delhi in the marine ecology pillar of the initiative.

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About the partnership:

The initiative will help to support a free, open and prosperous Indo-Pacific.
The Australia-India Indo-Pacific Oceans Initiative Partnership forms the core of this “shared vision” of both countries.
To apply for the grant, the company or organization should be located in either India or Australia and have partners in either of the two countries.
Up to $350,00 is anticipated to be available for allocation in 2020-21. All applications will be assessed on a competitive basis.

Important takeaways for all competitive exams:

Australia Capital: Canberra.
Australia Currency: Australian dollar.
Australia PM: Scott Morrison.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.