India, Australia to conclude early harvest deal by end of month: Sources

India and Australia will conclude an early harvest agreement by the end of this month, said sources on Sunday.An early harvest agreement is aimed at liberalising tariffs on the trade of certain goods between two countries or trading blocs before a comprehensive agreement.The development comes as Prime Minister Narendra Modi and his Australian counterpart Scott Morrison will hold the second India-Australia Virtual Summit on Monday to lay the way forward on new initiatives and enhance cooperation in a diverse range of sectors between the two countries.According to the sources, the two countries will sign a Memorandum of Understanding (MoU) in the field of critical minerals, which will help increase India's access to metallic coal and lithium in Australia.Australia will also announce a Rs 1,500 crore investment in India in multiple sectors, which will be the largest ever investment by the Australian government in India, added sources.Further, the Union Minister of Coal and Mines in ...