Defence policy talks
Australia- India strategic research fund
2+2 talks at ministerial level
Energy security dialogue - Australia has huge reserves of uranium
Also India's dependence on China for rare earth metals can be reduced through increasing imports from Australia.
Coop in Indo-pacific. Australia has deputed a liaison officer in the IFC- IOR
India France Australia trilateral naval exercises and ministerial dialogue affirm commitment for free open and inclusive Indo pacific and a rules based order in the region with ASEAN centrality
Relations with China are in free fall with Australia cancelling projects under BRI, asking for independent inquiry of the Coronavirus. All this has upset China and growing Chinese aggression in south china sea and in Himalayas has become new vista of cooperation between the two countries.
Australia’s white paper on foreign policy released in 2017 sees India in the front rank of Australia’s international partnerships. It says both countries have congruent interests in the openness and stability of Indian Ocean and both must ensure freedom of navigation and maritime security in the region.
In 2018, A presidential visit to Australia took place for the first time.
Civil nuclear cooperation agreement was signed in 2014 enabling India to secure uranium from Australia
Along with Japan India and Australia have proposed supply chain resilience initiative
Australia’s Pacific set up and India’s forum for India – Pacific Islands cooperation (FIPIC) reaffirmed their cooperation in the South Pacific region
Australia has promised to increase its investments in India from $10 to $100 B by 2035 under its “India Economic Strategy to 2035.”
India is also preparing an Australia Economic Strategy Paper
Foreign ministers Framework Dialogue (FMFD) the central mechanism for advancing bilateral agenda, is held annually.
Engagement through India-Australia-Japan trilateral dialogue and India-Indonesia-Australia trilateral dialogue
Australia supports India's candidature for an expanded security council and in APEC.
In 2008, Australia became an observer in SAARC
Both are members of IORA,commonwealth,Asian regional forum
Cooperating as members of Five Interested Parties(FIP) in case of WTO.
Economic -
India is Australia’s 5th largest trading partner.
$26 B bilateral trade as of 2020
India-Australia CEO forum for B2B ties
