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India and Australia advanced talks on a new trade deal to boost bilateral trade to $100 billion by 2030.
India and Australia advanced talks on their Comprehensive Economic Cooperation Agreement (CECA), with Commerce Minister Piyush Goyal and Australian officials reaffirming their goal to finalize a balanced, mutually beneficial deal.
The discussions, held in Melbourne on November 8, 2025, built on the 2022 Economic Cooperation and Trade Agreement (ECTA), which has boosted trade.
Bilateral merchandise trade reached $24.1 billion in the 2024–25 fiscal year, with Indian exports growing 14% in 2023–24 and an additional 8% in 2024–25.
Both nations emphasized expanding cooperation in goods, services, investment, and skills, aiming for $100 billion in trade by 2030.
India y Australia avanzaron en las conversaciones sobre un nuevo acuerdo comercial para impulsar el comercio bilateral a $ 100 mil millones para el año 2030.