Commerce and Industry Minister Piyush Goyal visited Melbourne, Australia on November 8, 2023 to discuss India-Australia CECA negotiations with Australian Minister for Trade and Tourism, Senator Don Farrell, and Minister for Skills and Training, Andrew Giles. The discussions focused on unlocking the full potential of the India-Australia Economic Partnership through the India-Australia Comprehensive Economic Cooperation Agreement (CECA). Progress on CECA negotiations was reviewed, covering trade in goods, services, investment, and mutually beneficial cooperation. In FY 2024-25, bilateral merchandise trade stood at USD 24.1 billion, with India's exports growing by 14% in 2023-24 and 8% in 2024-25. Both sides reaffirmed their commitment to conclude a balanced CECA, building on the India-Australia Economic Cooperation and Trade Agreement (ECTA) from December 2022. Shri Piyush Goyal also engaged with Indian diaspora business representatives. The press release was posted on November 8, 2023 at 6:56 PM by PIB Delhi, with Release ID: 2187846 and Visitor Counter: 208. The release is also available in Urdu, Hindi, Tamil, and Malayalam. Abhishek Dayal and Anushka Pandey are listed as the contacts.
Key Entities Referenced
India-Australia Comprehensive Economic Cooperation Agreement (CECA): An agreement aimed at deepening economic ties between India and Australia.
India-Australia Economic Cooperation and Trade Agreement (ECTA): A trade agreement between India and Australia, serving as a foundation for CECA.
Ministry of Commerce & Industry: The Indian ministry responsible for trade and industrial policy.
Piyush Goyal: The Commerce and Industry Minister visiting Melbourne.
Melbourne: The Australian city where bilateral meetings were held.
Ministry of Commerce & Industry
Commerce and Industry Minister Piyush Goyal
visits Melbourne, holds bilateral meetings to
review progress of India–Australia CECA
negotiations
Posted On: 08 NOV 2025 6:56PM by PIB Delhi
Union Minister of Commerce and Industry Shri Piyush Goyal visited Melbourne, Australia, on 8th
November 2025 to hold bilateral discussions with Minister for Trade and Tourism of Australia
Senator the Hon. Don Farrell and Minister for Skills and Training Andrew Giles. The constructive
discussions focused on unlocking the full potential of the India–Australia Economic Partnership,
including through an ambitious and balanced India–Australia Comprehensive Economic Cooperation
Agreement (CECA).
During the meeting, the Ministers reviewed the progress made under the CECA negotiations and
discussed pathways to elevate bilateral trade and economic partnerships. The discussions covered a
wide range of areas, including trade in goods, services, investment and mutually beneficial
cooperation.
In FY 2024–25, bilateral merchandise trade between India and Australia stood at USD 24.1 billion,
with India’s exports registering a growth of 14% in 2023–24 and a further 8% in 2024–25.
Both sides reaffirmed their commitment to work constructively towards the early conclusion of a
balanced and mutually beneficial CECA, building on the foundation of the India–Australia Economic
Cooperation and Trade Agreement (ECTA), which entered into force in December 2022.
Shri Piyush Goyal also engaged with select business representatives from the Indian diaspora,
accompanied by Minister Farrell and Minister Giles. The interaction highlighted opportunities for
stronger commercial linkages and underscored the community’s role in advancing bilateral economic
ties
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Abhishek Dayal/Anushka Pandey
(Release ID: 2187846) Visitor Counter : 208
Read this release in: Urdu , ही , Tamil , Malayalam