Jaishankar, Austrian FM discuss stronger trade, technology and investment ties

External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Austrian counterpart Beate Meinl-Reisinger, focusing on expanding bilateral cooperation in trade, investment, infrastructure, technology and education.

Meinl-Reisinger, who is currently visiting New Delhi, discussed several aspects of the growing India-Austria partnership with Jaishankar. The two ministers also explored opportunities in emerging sectors, including startups, space, skill development and mobility.

In a social media post following the meeting, Jaishankar described the discussions as an in-depth exchange covering various dimensions of bilateral engagement.

"Had an in-depth conversation with Austrian FM Beate Meinl-Reisinger on various facets of our enhanced partnership including trade, investments, infrastructure, technology, education and culture," he said.

"Also spoke about new avenues in startups, space, skilling and mobility," the External Affairs Minister added.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱

Apart from bilateral cooperation, the ministers exchanged views on international developments and their wider implications.

Jaishankar said the discussions reflected the positive relationship between the two countries and their interest in expanding cooperation across traditional and emerging sectors.

"Our discussions reflected the warmth of our friendly ties," he said.

The meeting came amid efforts by India and Austria to strengthen economic engagement and explore opportunities in technology-driven industries, education and infrastructure development.

𝗕𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝘁𝗿𝗮𝗱𝗲 𝗮𝘁 $𝟮.𝟵𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻

India-Austria relations have witnessed steady growth in recent years, with trade and investment forming important components of bilateral cooperation.

The total bilateral trade volume stood at USD 2.93 billion, comprising Indian exports worth USD 1.52 billion and imports valued at USD 1.41 billion.

The latest ministerial discussions underscored the emphasis both countries are placing on diversifying their partnership beyond conventional trade, particularly in innovation, advanced technology, skills and mobility.

The two sides also highlighted education and cultural exchanges as areas of continued engagement, reflecting the broader scope of relations between New Delhi and Vienna.