Former Australian Prime Minister Tony Abbott, now a special trade envoy to his successor Scott Morrison, told India’s World Is One News channel (WION) that Australia was looking to expand trade with India specifically to limit ties to China.
, titled the “Australia-India Economic Cooperation and Trade Agreement ,” took over a decade to negotiate. It aims to exponentially increase the bilateral trade between both countries, but also to replace Australia’s dependency on China’s supply chains.following the signing of the deal.between both countries from $27.5 billion in 2021 to $45 billion over the span of five years.
Both India and Australia have strained relationships with China. India and China are part of an ongoing standoff that resulted in aacross the Himalayan border as part of the officially denominated “Line of Actual Control” in the Ladakh region, with 20 Indian soldiers and 40 Chinese soldiers reported killed in 2020, according to the Indian government. China has denied the tally.
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