After visiting Vietnam, President of India Ram Nath Kovind was in Australia on his second leg of 2-Nation visit. He met Australian Prime Minister Scott Morrison in Sydney. He became the first Indian President to visit Australia. 5 MoUs were exchanged in the field of disability sector, education, trade-investment, scientific cooperation, agriculture and on higher education focussing on PhD by both the nations.
The objective of MoUs is to facilitate bilateral investment flow in both countries. Mr Kovind also unveiled the statue of Mahatma Gandhi at Parramatta in Sydney. The President addressed the International Business Summit 2018 organized by Australian Financial Review on Australia-India economic engagement.
Source- AIR World Service
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- Australian Capital: Canberra, Currency: Australian dollar.