New Delhi

At the upcoming Quad Summit in Japan on May 24, Prime Minister Narendra Modi is expected to hold a bilateral meeting with his new Australian counterpart Anthony Albanese.

Scott Morrison lost the Australian federal elections to labour Party-headed by Anthony Albanese on Saturday .

Albanese is all set to take the oath tobecome the country's 31st Prime Minister.

Albanese had promised to work for greater friendship with India during his election campaign.Australian ambassador to India post this on Twitter about Albanese:

Addressing the special ministry of external affairs briefing, Foreign Secretary Vinay Mohan Kwatra said: "Elections are being held in Australia today, the next Australian PM is likely to attend the QUAD Summit. It is expected that the PM will meet the new Australian leader in Tokyo."

"In their (India-Australia) interaction, the two leaders will review the India-Australia comprehensive strategic partnership and exchange views on regional and global developments of mutual interest. The last bilateral meeting held virtually in March this year," he said.

PM Modi will travel to Japan on an official visit on May 23-24 to participate in the QUAD Summit at the invitation of the Japanese Prime Minister Fumio Kishida. He will hold bilateral meetings with the United States President Joe Biden, and Prime Ministers of Japan and Australia on the sideline of the summit.

He will have a bilateral meeting with US president Biden on May 24. "The India-US relationship is multi-faceted, has acquired momentum, depth and is diversified," Foreign Secretary said.

The Foreign Secretary said that PM Modi will meet Japanese PM Kishida. "India-Japan special, strategic and global relations have seen great momentum. In Tokyo, two Prime Ministers will continue their discussion on deepening bilateral economic cooperation including trade and investment, clean energy, and cooperation in northeast."

He also said that the PM Modi will also address the Indian community in Japan and will meet Japanese business leaders.

Recalling the Japanese Prime Minister's India visit, Foreign Secretary said that India and Japan have witnessed substantial outcomes including a target of Japanese yen 5 trillion (40-42 billion dollars) in public and private investments.

"Kishida's recent visit to India saw substantial outcomes including a target of Japanese yen 5 trillion (40-42 billion dollars) in public and private investments, and financing over the five years, and the adoption of several other key outcome documents which included -- an industrial competitiveness partnership roadmap, clean energy partnership, sustainable development initiative for the northeast and lastly agreement on sustainable urban development, cybersecurity etc," he said.