New Delhi: Defence Minister Rajnath Singh and Australian Deputy Prime Minister and Minister for Defence Richard Marles will co-chair the second India-Australia Defence Ministers’ Dialogue in New Delhi today.
The Ministry of Defence said that during the dialogue, discussions will focus on strengthening defence and security cooperation, enhancing military interoperability and industry collaboration including co-development and co-production opportunities.
The meeting is expected to further strengthen bilateral defence relations, enhance strategic trust and cooperation, promote stability and security in the Indo-Pacific region and identify new areas of collaborations in defence and security.
Australia is a key partner in India’s vision of a free, open, inclusive and prosperous Indo-Pacific. The visit underscores the growing depth and maturity of the India-Australia defence partnership.
Over the past four years, the Agreement has continued to strengthen bilateral economic engagement, with both sides benefiting from improved market access and reduced trade barriers.
India’s exports to Australia have more than doubled, rising from USD 4 billion in FY 2020–21 to USD 8.5 billion in FY 2024–25. During 2024–25, total bilateral trade stood at USD 24.1 billion, while India’s exports to Australia recorded an 8% growth over the previous year.
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In FY 2025–26 (up to February), India’s total trade with Australia stood at USD 19.3 billion.
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