TNPSC Thervupettagam

Australia-India Indo Pacific Oceans Initiative

April 26 , 2021 1221 days 874 0
  • Australia has announced a grant of Rs 81.2 million (AUD 1.4 million) under the Indo-Pacific Oceans Initiative (IPOI).
  • IPOI was proposed by Indian Prime Minister Modi at the East Asia Summit in November 2019.
  • The Indo-Pacific Oceans Initiative’s objective is to strengthen maritime boundaries.

About the partnership

  • The initiative will help to support a free, open and prosperous Indo-Pacific.
  • The Australia-India Indo-Pacific Oceans Initiative Partnership forms the core of this “shared vision” of both countries.
  • To apply for the grant, the company or organization should be located in either India or Australia and have partners in either of the two countries.

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