Indian Prime Minister Narendra Modi, right, receives Australia's Prime Minister Anthony Albanese, in New Delhi. AFP
Indian Prime Minister Narendra Modi, right, receives Australia's Prime Minister Anthony Albanese, in New Delhi. AFP
Indian Prime Minister Narendra Modi, right, receives Australia's Prime Minister Anthony Albanese, in New Delhi. AFP
Indian Prime Minister Narendra Modi, right, receives Australia's Prime Minister Anthony Albanese, in New Delhi. AFP

India and Australia to boost critical mineral trade amid strengthening of ties


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India and Australia are aiming to expand trade in critical minerals, to help them achieve their goals in reducing carbon emissions, as the two countries seek a broad trade pact.

India's Commerce Minister Piyush Goyal said on Saturday that his country was short of critical minerals.

"Australia has a large reserve of critical minerals that go into [electric vehicle] batteries, which isn't fully processed or manufactured presently," he told a news conference after meeting Australia's Trade and Tourism Minister, Don Farrell.

Critical minerals, along with space technology and opportunities in the digital sector, will be key areas of the planned deal, Mr Farrell said.

The meeting followed a summit in New Delhi on Friday between Prime Minister Narendra Modi and his Australian counterpart, Anthony Albanese.

India and Australia hope to complete by year's end an ambitious, comprehensive trade deal that has been stuck in negotiations for more than a decade.

It would expand on a free trade deal the two signed last year, the first between India and a developed country in a decade. The Economic Co-operation and Trade Agreement came into effect in December, removing duties on 96 per cent of Indian exports to Australia and 85 per cent of Australian exports to India.

COMPANY%20PROFILE
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Match info

Arsenal 0

Manchester City 2
Sterling (14'), Bernardo Silva (64')

Know your camel milk:
Flavour: Similar to goat’s milk, although less pungent. Vaguely sweet with a subtle, salty aftertaste.
Texture: Smooth and creamy, with a slightly thinner consistency than cow’s milk.
Use it: In your morning coffee, to add flavour to homemade ice cream and milk-heavy desserts, smoothies, spiced camel-milk hot chocolate.
Goes well with: chocolate and caramel, saffron, cardamom and cloves. Also works well with honey and dates.

Everton 1 Stoke City 0
Everton (Rooney 45 1')
Man of the Match Phil Jagielka (Everton)

Company%20Profile
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COMPANY%20PROFILE
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Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

UAE currency: the story behind the money in your pockets
The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet

From Conquest to Deportation

Jeronim Perovic, Hurst

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

Scoreline

Switzerland 5

The bio

Favourite book: The Alchemist by Paulo Coelho

Favourite travel destination: Maldives and south of France

Favourite pastime: Family and friends, meditation, discovering new cuisines

Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.

Favourite Author: My father for sure

Favourite Artist: Damien Hurst

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The biog

Name: Ayisha Abdulrahman Gareb

Age: 57

From: Kalba

Occupation: Mukrema, though she washes bodies without charge

Favourite things to do: Visiting patients at the hospital and give them the support they need.
Role model: Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood.

 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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UAE currency: the story behind the money in your pockets
Updated: March 12, 2023, 5:30 AM