In the presence of Indian Prime Minister Narendra Modi and Australian Prime Minister Scott Morrison, Indian Minister of Commerce and Industry Piyush Goyal and Australian Trade Minister Dan Tehan signed an interim trade agreement on April 2, 2022, at the signing ceremony of the India-Australia Economic Cooperation and Trade Agreement.

During the present world turmoil, the Australian government has announced an aggressive defence policy. The White Paper on defence titled ‘Defending Australia in the Asia Pacific Century: Force 2030’ envisages a considerable increase in its defence expenditure and a significant military acquisition programme for the Australian Defence Forces (ADF).