Australia and India will hold trade negotiations in the coming weeks, Trade Minister Don Farrell announced Monday. The talks aim to build on momentum from Australia's recent agreement with the European Union, as Canberra seeks to deepen economic ties with New Delhi.

The push for a new trade deal comes as both nations look to strengthen supply chains and expand market access. Australia's government has prioritized securing agreements with major trading partners, with the EU deal marking a significant achievement in multilateral trade relations.

Trade between Australia and India has grown steadily, with both countries seeking to diversify their economic partnerships. The upcoming negotiations could focus on reducing tariffs, improving investment flows, and addressing regulatory barriers. A successful agreement would enhance bilateral trade and provide new opportunities for businesses in both markets.