During the G20 Summit in Rio de Janeiro, Prime Minister Narendra Modi of India and Australian Prime Minister Anthony Albanese launched a Renewable Energy Partnership to boost investment between the two nations. The partnership focuses on key areas like solar PV, green hydrogen, and energy storage, aiming to drive climate action. The Ministry of External Affairs released a joint statement emphasizing the shared ambitions of India and Australia to work together in advancing renewable energy. PM Albanese expressed excitement over the partnership, highlighting its significance in boosting two-way investment in renewable energy. PM Modi and PM Albanese discussed the growth in bilateral trade and business engagements facilitated by the India-Australia Economic Cooperation and Trade Agreement, with a notable 40% increase in bilateral trade since its inception. The leaders also emphasized enhanced cooperation in defense through joint exercises and exchanges. Additionally, PM Modi reiterated India's commitment to strengthening cooperation through the Quad as a force for global good. Both leaders appreciated the Quad's efforts in various areas including addressing pandemics, maritime security, climate change, and technology advancements. In a separate engagement, PM Modi held discussions with Chilean President Gabriel Boric Font and Argentine President Javier Milei on the sidelines of the G20 Summit, showcasing India's active participation in global dialogues and partnerships.