SF Prep Notes

Piyush Goyal reviews India–Australia CECA talks with Don Farrell in Melbourne

Commerce and Industry Minister Piyush Goyal visited Melbourne on 8 November 2025 and reviewed progress of the India–Australia Comprehensive Economic Cooperation Agreement (CECA) negotiations with Australian Trade Minister Don Farrell and Skills Minister Andrew Giles.

Summary

Piyush Goyal and the Australian ministers discussed trade in goods, services and investment under the proposed CECA, which builds on the India–Australia Economic Cooperation and Trade Agreement (ECTA) that entered into force in December 2022. India–Australia merchandise trade was USD 24.1 billion in FY 2024–25, with India's exports growing 14% in 2023–24 and 8% in 2024–25. Goyal also met Indian diaspora business representatives.

Key facts

Date / place
8 Nov 2025, Melbourne
Australian ministers
Don Farrell (Trade & Tourism), Andrew Giles (Skills & Training)
Agreement under talks
CECA
Existing pact
ECTA, in force since December 2022
Trade FY25
USD 24.1 bn

Practice MCQs 2 questions

Q1 Advanced

The proposed India–Australia CECA builds on the India–Australia Economic Cooperation and Trade Agreement (ECTA). When did ECTA enter into force?

Show answer

Correct answer: C — December 2022

The Commerce Ministry said ECTA entered into force in December 2022.

Q2

What was India–Australia bilateral merchandise trade in FY 2024–25, as per the Commerce Ministry?

Show answer

Correct answer: B — USD 24.1 billion

India–Australia merchandise trade stood at USD 24.1 billion in FY 2024–25.

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