GOVERNMENT CONFIRMS IT HAS BURIED VARGHESE INDIAN ECONOMIC STRATEGY REPORT - Media Release, Thursday 18 October 2018
The government voted against responding to a report it commissioned, as well as the 10 key recommendations it makes optimising Australia’s economic relationship with India.
The report – ‘An India Economic Strategy to 2035’ by former Department of Foreign Affairs and Trade Secretary Peter Varghese AO – details how no single market over the next 20 years will offer more growth opportunities for Australia than India.
The report’s insight into Australia’s relationship with India represents an exceptional and valuable body of research.
The Labor Party has already announced its in-principle agreement with the report and its recommendations as part of our ‘FutureAsia’ policy.
However, the Morrison Government has sat on the report without making a formal response for nearly six months.
The Morrison Government’s burial of this report is in complete contrast to the fanfare with which then Prime Minister Turnbull announced its commissioning at the India Australia Business Dinner in Mumbai in April 2017.
Labor calls on the Morrison Government to respond to the report immediately as well as explain whether it will implement the recommendations to upgrade the Australia-India economic relationship and help provide a roadmap for the future.
18 OCTOBER 2018
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