The address sets out the next phase of India–Australia economic cooperation. It links recent gains under the Economic Cooperation and Trade Agreement (ECTA) to a broader push for Comprehensive Economic Cooperation Agreement (CECA), while identifying clean energy, nuclear power, infrastructure, digital technologies, education, and state-level partnerships as priorities.
What happened
The Prime Minister said the two countries are natural and trusted partners at a time of uncertainty, supply chain disruptions, and energy crises. He said India’s exports to Australia have doubled since ECTA came into force, and that both governments are working towards CECA.
Background and earlier position
India and Australia upgraded economic ties through ECTA, which was concluded in record time in 2022. The current discussion builds on that framework and reflects a shift from limited tariff liberalisation to wider cooperation across trade, investment, technology, and education.
What changed now
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