Australia and India thank Quad for new free trade deal
ABC News
India and Australia’s trade ministers say a shared security partnership with the United States and Japan has helped them strike a trade deal that Australia hopes will reduce its dependence on exports to China
CANBERRA, Australia -- India and Australia’s trade ministers say a shared security partnership with the United States and Japan has helped them strike a trade deal that Australia hopes will reduce its dependence on exports to China.
Indian Commerce Minister Piyush Goyal is heading a business mission to the Australian cities of Melbourne, Sydney and Perth to explore new opportunities created by the interim deal signed virtually on Saturday.
India views the agreement as a diplomatic coup that deepens its engagement with Australia at a time when it is under pressure to take a stronger stand against Russia’s invasion of Ukraine. Both countries belong to the security bloc known as the Quad, which also includes the United States and Japan.
The deal is a political win for India as it deepens its engagement with Australia, a partner in the security bloc known as the Quad that also includes the United States and Japan, at a time when New Delhi faces pressure to take a stronger stance against Russia’s invasion of Ukraine.