Enhancing engagement in the North East Indian Ocean

By Department of Foreign Affairs and Trade - Australia

Enhancing engagement in the North East Indian Ocean

Australia is enhancing its engagement across the North East Indian Ocean by investing in maritime and disaster preparedness and supporting opportunities for trade, investment, and connectivity.

Australia will provide $36.5 million over five years, including $11.4 million to improve regional cooperation on maritime shipping, disaster resilience, and information sharing.

Australia will invest $10.2 million to increase engagement on regional economic challenges and explore new opportunities in the digital sector in Bangladesh. In addition, $5.8 million will promote infrastructure investment opportunities in the region to Australian businesses.

The Morrison Government will invest $4.8 million to improve Australian resources and Mining Equipment, Technology, and Services (METS) understanding of South Asian markets. A further $4.3 million will support relationships across the LNG supply chain between Australia, India, and Bangladesh. Together, these measures will support opportunities for trade, investment, and connectivity in the North-East Indian Ocean.