"Our trading agreement is delivering significant benefits to our respective nations", Turnbull said.
Australia will start supplying uranium to India "as soon as possible", the visiting Prime Minister, Malcolm Turnbull, said here on Monday.
Welcoming Turnbull on his first visit to India, Prime Minister Narendra Modi said the passage of Australian legislation meant the country was now able to export uranium to India.
Talks of cooperation in renewable energy, clean coal and bio-fuels are also likely to feature during the visit. "Australia is well placed to provide numerous raw materials, and some of the latest technology", he said in a reference to Australia being endowed with an abundance of natural resources including coal, uranium and natural gas.
Earlier, the Prime Minister of India, Narendra Modi, had congratulated India's Blind cricket team for their victorious journey in the Twenty20 Cricket World Cup.
According to some media reports, the Australian Prime Minister would seek to rejuvenate the negotiations over a free trade agreement between Australia and India.
During Visit to Asia, Pence Warns North Korea and Reassures Japan
North Korea's foreign ministry have promised to continue testing missiles in the face of the United States threat. Treasury Department has said, expressing concern over what it called the "persistence" of the imbalance.
Speaking on the India-Australia relationship, Mazumdar said that the relationship between the two countries was more robust and multi-faceted today than it had ever been before.
In India, Mr Turnbull will visit New Delhi and Mumbai from Sunday to Wednesday. "Labor, by contrast, can not point to one policy which would encourage a business to invest an extra dollar or employ an extra worker", he said.
The RCEP has emerged as Australia's main opportunity to bolster its trade prospects after U.S. President Donald Trump pulled out of another, broader, trade deal, the Trans-Pacific Partnership, after taking office in January.
"The Prime Ministers agreed that the bilateral maritime exercise first held in the Bay of Bengal in 2015 (AUSINDEX) will be repeated off Western Australia in the first half of 2018", the joint statement read while reaffirming their commitment to "peaceful and prosperous" Indo-Pacific. There are now 61,000 Indian students in Australia and the focus will be on building educational partnerships, including joint studies and research.
Turnbull said the trading relationship between the two countries was delivering significant benefits to both nations, with two-way trade in goods and services worth almost AUD20 billion ($15 billion) in 2016.
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