Updated on: Wednesday, January 30, 2013
India and Australia decided to give "in principle" recognition to degrees awarded by institutes of both the countries.
Commerce and Industry Minister Anand Sharma said, "... Because there are multiple disciplines involved when it comes to reciprocal recognition, we have in principle agreed that it is one particular matter which urgently needs to be addressed and we shall be doing the same."
His comments came after the 14th Australia-India Joint Ministerial Commission (JMC) meeting here with Australian Trade Minister Craig Emerson.
A statement said both the sides recognised that education presents one of the most valuable opportunities for both the countries to lay the foundation for an enduring partnership with enormous opportunities to deepen collaboration between institutions across the education and training sectors, business and industry.
The ministers also acknowledged the critical importance of education and skills development in helping to achieve both countries' targets for innovation, productivity and economic growth and welcomed efforts underway to strengthen the bilateral knowledge partnership.
In particular, they commended growing collaboration under the auspices of the Australia-India Education Council between India's nascent sector skills councils and Australia's industry skills councils on standards and approaches to vocational training.