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The Union Cabinet has approved the signing of an Audio Visual Co - production Treaty between India and Australia, which is aimed at facilitating joint production of films between the two countries . India has so far signed 15 audio visual co - production treaties with other countries . The proposed agreement will boost ties with Australia, lead to exchange of art and culture, showcase the soft power of our country and lead to generation of employment among artistic, technical as well as non - technical personnel engaged in audio visual co - production, including production and post - production work . Audio visual co - production treaties are enabling documents which facilitate co - production of films between two countries . under such umbrella agreements, private, quasi - government or governmental agencies enter into contracts to produce films together . About Australia Capital : Canberra Currency : Australian dollar Prime minister : Anthony Albanese
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