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Brian
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Both during and before my term as Chairman of the
Australian India Business Council trade and business
relations between Australia and India have been notable in
the extent to which they have developed and matured.
India is now one of Australia’s leading Prime Ministers of Australia and India,
trading partners with two-way namely The Honourable Bob Hawke
trading goods and services reaching and Rajiv Ghandi, formally recognised
about A$19 billion in 2008. India’s the potential of trade between the two
appetite for resources is insatiable countries. The establishment of the
and Australia will be a source for AIBC was a consequence of that formal
essential raw materials required for recognition and since that time, the
industrialisation for India for many council has publicly pressed for more
years to come. bilateral trade engagement between the
The Australian Government has two countries.
recognised the great depth, strength The AIBC is a national organisation,
and significance of Australia’s bilateral with a membership made up of
hairman
relationship with India and as the Prime both large and small companies
Minister, The Honourable Kevin Rudd, and individuals, all of whom are
said in a message to the Australia India interested and committed to building
Business Council (AIBC) on 10 August and maintaining bilateral trade and
2009, it is a relationship to which the business links with India. It provides the
Australian Government is committed opportunity for its members to attend
and determined to take to a new higher networking functions and signature
level: to the front line of international events, and to be involved in incoming
relationships. and outgoing delegations between
That commitment is highlighted by Australia and India. It has entered into
the near completion of a feasibility study a memoranda of understanding with
into a free trade agreement with India a number of counterparts in India and
and with the forthcoming official visit will continue to support the building of
by the Prime Minister to India later this a strong business relationship at both a
year which will lift relations to a higher government level and at the corporate
level, with closer cooperation in the level in the interests its members.
economic trade, security, environment The AIBC is always prepared to lend
and other spheres. its support to publications such as this,
The Australia India Business Council, which promote Australian opportunities
as the Prime Minister in the same which are available to Indian companies
message said, plays an important and as this is consistent with the objects of
valued role within the broader Australian/ the AIBC.
Indian relationship in developing and
maintaining trade and business links Brian HaYes QC
between our two countries. The AIBC national Chairman
has its genesis in 1986 when the then australia india Business Council
INVEST IN AUSTRALIA – INDIA 11
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