WORLD NEWS | India has emerged from the COVID-19 challenge very strongly: Jaishankar in Raisina @Sydney

sydney [Australia]Feb 18 (ANI): India has overcome the challenges of the COVID-19 pandemic “quite robustly”, External Affairs Minister S Jaishankar told a Raisina@Sydney business breakfast on Saturday.

Addressing the audience at Raisina@Sydney Bussiness Breakfast on Saturday, Jaishankar said: “During COVID, we have responded with financially sustainable measures. In fact, a lot of the reforms have come under the pressure of the pandemic. There are A lot of creativity has also been implemented on a massive scale due to the pressure of COVID.”

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“In a lot of ways, I think decisions like this could take us longer, improve our health and the resources we put in etc. I think decisions on a lot of these issues are fast-forward,” he said.

Raisina@Sydney Breakfast hosted by the Australian Strategic Policy Institute (ASPI) and the Observer Research Foundation of India (ORF) at the InterContinental Sydney.

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Jaishankar also said the impact of COVID on the world economy has been devastating, adding, “Maybe we in India and Australia feel it a lot less.”

“We in India and Australia probably don’t think of it as a frequent traveler to other parts of the world when we see it in Africa and Central America and some other parts of Asia near myself. Sri Lanka, Bangladesh, Nepal, ” He said.

Earlier at the Raisina@Sydney Business Breakfast, Jaishankar spoke about economic growth and said that India’s economic growth target for this year is 7% and we expect it to achieve this within the next five years.

“Our target for this year is 7 per cent growth, but we expect improvement over the next five years. There is no doubt that we will remain in the 7-9 per cent range for at least 15 years,” Jaishankar said at the Raisina@Sydney Business Breakfast.

“Today, you can see the same in the investment environment, whether it’s the flow of FDI and FII, or the investment that the government itself is leading capital spending in this year’s budget,” he added.

Regarding the Economic Cooperation and Trade Agreement (ECTA) between India and Australia, which was signed on April 2, 2022 and came into force on December 29, 2022, Jaishankar said that ECTA “has had a good impact on trade”.

“Encouraging more investment should be a priority, especially during CEO Forum meetings or visits by prime ministers and trade ministers,” he suggested.

Jaishankar also touched on migration mobility, saying: “We’ve seen a massive influx of Indian talent into Australia. We have about a million students staying here.”

“We welcome Australian universities to India. For us, it’s not just about Indian students coming to Australia, it’s about Australia and India working together to produce skilled, competitive talent in India for the world,” he said. he added. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)