India-Australia Comprehensive Strategic Partnership
Beyond trade, India and Australia have elevated their bilateral relationship through the Comprehensive Strategic Partnership (signed June 2020), encompassing defence, security, and economic cooperation. Australia is a member of the Quad (along with India, USA, and Japan) — a grouping aimed at ensuring a free and open Indo-Pacific. Growing Chinese assertiveness has accelerated Australia's interest in deepening ties with India as both a market and a strategic counterweight.
- India-Australia Comprehensive Strategic Partnership signed: June 2020 (virtual summit, PM Modi-PM Morrison)
- Australia joined Quad (India, USA, Japan, Australia) — first leaders' summit in 2021
- Bilateral trade (FY2024): approximately $26-27 billion; Australia is India's 9th largest trading partner
- Australian exports to India: coal, gold, copper ore, natural gas, wool
- Indian exports to Australia: pharmaceuticals, textiles, engineering goods, processed food
- CPPIB (Canada Pension Plan Investment Board) model shows how institutional investment can complement trade deals — a model Australia is watching
● Tracked since March 30, 2026 · last seen June 16, 2026 · updates as the daily brief publishes
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