External Affairs Minister S M Krishna on Thursday expressed India's appreciation of Australia's support for New Delhi's quest for becoming a permanent member of the United Nations Security Council and support for India's membership of the Financial Action Task Force (FATF) last year.
Addressing the Seventh India-Australia Ministers' Framework Dialogue here, Krishna said: "It is also good to see that our interactions in multilateral fora are growing stronger. We deeply appreciate Australia's support to India's candidature as a Permanent Member of the Security Council."
"We welcome Australia's announcement made at the last East Asia Summit (EAS) in Hanoi, for creation of an Australian Chair for Ecology and Environment Studies at the Nalanda University," he added.
Committing to further expanding the strategic partnership between India and Australia, Krishna said: "Our relationship already encompasses diverse areas that can act as building blocks for such a partnership.
"Both India and Australia are important members of the G-20 and the East Asia Summit, where we have had substantive interactions. The entry of the US and Russia into EAS is a welcome development," he added.
"We look forward to working closely with you and other like-minded countries towards an open, inclusive and mutually beneficial framework of interactions in the Asia Pacific region," he said
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"While the relationship is progressing well, I think it is important to realize that the strategic partnership will not reach its full potential without some progress being made in the area of nuclear energy. I would be interested in hearing from you, at some point today, on how you see the issue evolving in Australia over the next few months," he added.
He further said that India looks forward to the next Commonwealth Heads of Governments Meeting at Perth in October.
"Your Prime Minister has invited our Prime Minister to attend and to combine this with a bilateral visit. Our Prime Minister has accepted the invitation in principle and is looking forward to the visit," he said.
"We very much hope that this works out. If this visit takes place, it would be a very important visit - the first Prime Ministerial visit to Australia in 25 years. It would provide a significant opportunity to take our bilateral relations to a significant level," he added.
Recalling his last visit to Australia in August 2009, Krishna said: "We warmly recalled your own visit to India in November 2009, which saw our relations upgraded to the status of a strategic partnership. We look forward to our relations achieving such a strategic level in all senses of the term and to continued exchanges of visits at the political and official level."
He also offers his condolences for the loss of life and property in Queensland caused by the recent floods.
"Our thoughts and prayers are with everyone affected by these floods, especially the families of the victims, and with the people of Australia," he added.