Diplomatist Magazine Diplomatist March 2019 | Page 27

SPECIAL REPORT with India in the digital delivery of education. The focus on states refl ects the reality that India is best seen not as a single economy but as an aggregation of very diff erent state economies, each growing at different rates, driven by diff erent strengths, led in diff erent ways and increasingly competing for investment, but likely to progress unevenly. The report places a high priority on boosting Australian investment in India. In virtually all of Australia’s relationships in Asia, investment lags trade by a wide margin. India holds out the prospect of being diff erent. It has a relatively open foreign investment regime. It has the rule of law. Its institutions are familiar to Australians, both derived from British models, and English is widely spoken – a very signifi cant asset. Government Response The Australian Government announced its formal response to the report on 22 November 2018. Endorsing the report’s overall analysis and providing in-principle support to its 20 priority recommendations, the Government committed to focusing its economic diplomacy eff orts in India on the report’s 10 sectors and 10 states. High level oversight of the strategy will be provided by an annual committee chaired by the Minister for Trade, Investment and Tourism alongside Ministerial Champions for the education, agribusiness, resources and tourism sectors. The initial implementation plan across Government will cover the fi rst year and will be built on over the life of the Strategy, which has a span upto 2035. Key actions over the fi rst 12 months include: concluding a Memorandum of Understanding between Austrade and Invest India to promote bilateral investment fl ows; establishing an Australia-India Food Partnership; extending the Australia-India Strategic Research Fund designed to help researchers solve shared challenges; engaging airlines to increase direct flights through the Australia-India air services agreement; and expanding the Australia-India Mining Partnership, to better connect Australian companies to India’s minerals-rich eastern states, supported by Australia’s new Consulate- General in Kolkata. These are only some of the fi rst steps in a journey that will help see Australia and India prosper together. Importantly, the Indian Government has indicated it is seeking to carry out a complementary study for India in Australia. Diaspora The Indian diaspora in Australia may over time prove to be the most signifi cant factor to our shared prosperity. India is currently Australia’s largest source of skilled migrants, its second largest source of international students and a substantial proportion of those who come to Australia under temporary visas to fi ll skilled positions that Australians cannot. This diaspora will have a big role to play in the partnership of the future. They create personal links, in business, the arts, education, and civil society which can help anchor the relationship. The truth is that – at a community level – neither of us know much about the other. Images of Australia in India tend to be sketchy, shaped by cricket, historical connections and sporadic coverage in the Indian media. Similarly, in Australia, there is very little understanding of contemporary India in the wider community. Australians, for the most part, have only a partial glimpse of India's diversity, its sophistication and of the scale of its prospects. If our partnership is to reach its full potential we must modernise our perceptions of each other. It is in our interests to do away with misconceived notions of what the other stands for. What we achieve together in coming decades will have little to do with a shared imperial past. It will have not much to do with the English language, although that will greatly help. And it will have to be a tighter bond than anything forged on a cricket fi eld. Rather, it will turn on gaining a real understanding of each other, of where we diff er but also what brings us together including shared interests and the strength of our diversity.  * Peter Varghese began as Chancellor of The University of Queensland on 11 July 2016. Prior to this appointment, Mr Varghese’s extensive career in public service and diplomacy spanned 38 years and included senior positions in foreign affairs, trade policy and intelligence. Most recently, he served as Secretary of the Department of Foreign Aff airs and Trade (2012- 2016). Previous senior appointments included High Commissioner to India (2009-2012), High Commissioner to Malaysia (2000-2002), Director-General of the Office of National Assessments (2004- 2009), and Senior Advisor (International) to the Prime Minister of Australia (2003- 2004). Mr Varghese was the author of a comprehensive India Economic Strategy to 2035 commissioned by the Australian Prime Minister and submitted in July 2018. Extraordinary and Plenipotentiary Diplomatist • Vol 7 • Issue 3 • March 2019, Noida • 27