Landmark trade agreement between India Australia set to be signed by 2022-end

According to a joint statement released by QUAD alliance partners India and Australia, the two countries are going to ink a landmark trade agreement by the end of 2022. Bilateral trade between the two countries stood at $17 billion as of 2020. We hope for a "balanced trade agreement that encourages expanded trade and investment flows to the benefit of both of our economies," the joint statement read.