It was first trip by an Indian Prime Minister to Austria in 41 years, last being in 1983.
- Both countries emphasized on future-oriented bilateral sustainable economic and technology partnership.
- Partnership will cover a range of new initiatives and joint projects, and business-to-business engagement in green and digital technologies, infrastructure, renewable energy, water management, life sciences, smart cities, mobility and transportation.
India-Austria Relations
- Historical Relations: Diplomatic relations were established in 1949.
- PM Nehru supported Austria’s emergence as a neutral and independent country in 1955.
- Political and Security Cooperation: Both countries affirmed their commitment to a free and open Indo-Pacific region and peaceful resolution of Ukraine conflict.
- Economic Relations:
- Total bilateral trade for 2023 was 2.93 USD billion with Indian exports to Austria valued at USD 1.52 billion.
- To foster innovation and entrepreneurship between countries, India-Austria Startup Bridge was launched in 2024.
- Multilateral Cooperation:
- Austria expressed interest in India-Middle East-Europe Corridor (IMEC).
- India reiterated its support for Austria’s UNSC candidature for term 2027-28, while Austria expressed its support for India’s candidature for 2028-29.
- India invited Austria to join the International Solar Alliance.