India and Australia have reaffirmed their commitment to further advance Comprehensive Economic Cooperation Agreement (CECA). Both sides discussed this during the Eleventh Round of India-Australia Comprehensive Economic Cooperation Agreement (CECA) negotiations, which concluded in New Delhi on Saturday.
The six-day CECA negotiations were aimed at further advancing the shared objective of strengthening bilateral trade and economic partnership. Commerce and Industry Ministry, in a statement said that during the negotiations, both sides also reaffirmed to ensure that CECA delivers meaningful benefits, economic opportunities,and a balanced outcome.
The Ministry said, India and Australia remain strongly aligned to the early conclusion of a mutually beneficial Comprehensive Economic Cooperation. It added that as India steadily advances its footprint through multiple trade agreements, this round reflects a steadfast commitment to enhance economic partnerships anchored with national priorities and global aspirations.
Building on the progress achieved in earlier rounds and intersessional meetings, negotiations covered a wide range of areas, including Goods, Services and Mobility, Digital Trade and Legal, bringing greater understanding for convergence in the remaining provisions.
