Bilateral talks between India and Australia underway in New Delhi

Bilateral talks between India and Australia are underway in New Delhi. Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese along with their officials are deliberating on the various issues at Hyderabad House.

Both the leaders are expected to hold talks to further boost the Comprehensive Strategic Partnership and cooperation in trade, investment, defence, education and renewable energy sectors.

The meeting carries significant weight in the context of Quad, as the two Prime Ministers are expected to discuss the ongoing efforts of the Quad in the Indo Pacific region.

Earlier, the External Affairs Minister Dr S Jaishankar met with Australian Prime Minister Anthony Albanese. He said, Mr. Albanese' visit and annual summit between the two nations will take their ties to a higher level.

India and Australia share warm and friendly relations. The Strategic Partnership between the two countries was elevated to a Comprehensive Strategic Partnership in 2020.

Last year, both countries had signed a free trade agreement called the Economic Cooperation and Trade Agreement.

The bilateral trade between the two countries amounts to nearly 27 billion dollars in 2021-22. The bilateral trade is expected to cross 45 to 50 billion dollars by 2035.