With the issue of addressing the issue of unaccounted money having a prime place in political debate, Prime Minister Narendra Modi will highlight global cooperation in this regard at the coming G20 countries' summit in Brisbane, Australia.
He begins a 10-day and three-nation visit from Tuesday, to Myanmar, Australia and Fiji, in that order. The tour will begin in the Myanmarese capital of Nay Pyi Taw, where Modi will attend the Asean-India summit and the East Asia Summit on Wednesday and Thursday. “A key issue for me would be to highlight the importance of international cooperation against black money,” Modi said in a pre-departure statement. He is expected to renew the country's commitment to a global response on cross-border tax evasion.
However, the country is still to sign a treaty on automatic exchange of information on tax issues, due to uncertainty over interpretation of confidential clauses in these by the judiciary. Modi is likely to be asked questions on this at G-20 by other members.
The four-city, three-day visit would cover Melbourne, Sydney and Canberra. Modi and his Aussie counterpart, Tony Abbott, had talks in Delhi last month, during which India and Australia had sealed a civil nuclear deal.
Modi is also due to address a joint sitting of the federal parliament in Canberra and the Indian community at a reception in Sydney. Modi will travel to Fiji on a day-long visit on November 19 before returning home the next day. He will be the first Indian premier to visit the South Pacific island nation after Indira Gandhi in 1981.
As for the Asean meet, the official statement went: "Asean is at the core of our Act East Policy and at the centre of our dream of an Asian century, characterised by cooperation and integration."
He begins a 10-day and three-nation visit from Tuesday, to Myanmar, Australia and Fiji, in that order. The tour will begin in the Myanmarese capital of Nay Pyi Taw, where Modi will attend the Asean-India summit and the East Asia Summit on Wednesday and Thursday. “A key issue for me would be to highlight the importance of international cooperation against black money,” Modi said in a pre-departure statement. He is expected to renew the country's commitment to a global response on cross-border tax evasion.
However, the country is still to sign a treaty on automatic exchange of information on tax issues, due to uncertainty over interpretation of confidential clauses in these by the judiciary. Modi is likely to be asked questions on this at G-20 by other members.
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At the annual G-20 summit, Modi said he intended to discuss how it could accelerate creation of next-generation infrastructure, including digital, and ensuring access to clean and affordable energy. The two-day summit will be held from November 15. These countries account for 85 per cent of the world’s economic output. Modi will be the first Indian Prime Minister to visit Australia since Rajiv Gandhi in 1986. “While we have much in common with Australia, our political, strategic and economic relations have been below potential,” went the PM's statement. “A closer strategic partnership will support India's economic goals; promote our security interests, including maritime security; and, reinforce our efforts to foster a climate of peace and stability in our extended continental and maritime neighbourhood.”
The four-city, three-day visit would cover Melbourne, Sydney and Canberra. Modi and his Aussie counterpart, Tony Abbott, had talks in Delhi last month, during which India and Australia had sealed a civil nuclear deal.
Modi is also due to address a joint sitting of the federal parliament in Canberra and the Indian community at a reception in Sydney. Modi will travel to Fiji on a day-long visit on November 19 before returning home the next day. He will be the first Indian premier to visit the South Pacific island nation after Indira Gandhi in 1981.
As for the Asean meet, the official statement went: "Asean is at the core of our Act East Policy and at the centre of our dream of an Asian century, characterised by cooperation and integration."