India-Australia commit to boost energy trade, uranium exports under IAEA safeguards

India and Australia have issued a joint statement on energy security, committing to enhance bilateral energy trade, investment, and cooperation, including through existing agreements like the Economic Cooperation and Trade Agreement (ECTA) and the ongoing Comprehensive Economic Cooperation Agreement (CECA).

India, Australia, private sector, energy sector, IAEA

• Australia and India commit to support the continued flow of energy products and further enhance energy trade between the two countries
• Australia's role as an important supplier of liquefied natural gas to India
• India's role as an important supplier of liquid fuels and other downstream products to Australia
• finalised administrative arrangements for export of Australian uranium to India for peaceful purposes under IAEA safeguards
• strengthen energy supply chain resilience through regional cooperation, accelerating energy transition, promoting renewable energy, and upholding open trade arrangements for energy and liquid fuels
• accelerating energy transition and strengthening cooperation on low carbon fuels
• India's initiative of Global Biofuels Alliance (GBA)

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