Economy

Jaishankar, Australian Minister Wong to discuss trade, defence, technology

External Affairs Minister S Jaishankar (right) and Australian Foreign Minister Senator Penny Wong

External Affairs Minister S Jaishankar (right) and Australian Foreign Minister Senator Penny Wong
| Photo Credit:
ANI

Australian Foreign Minister Penny Wong and External Affairs Minister S Jaishankar are set to discuss steps to enhance cooperation across cyber and strategic technology, trade, maritime security, defence, sport and people-to-people ties in a meeting on Thursday in Delhi.

“My visit continues the high tempo of engagement between our two countries and reflects the ongoing work of the Albanese Government to deepen our relationships and strengthen our resilience,” Wong said in a statement on Wednesday.

India and Australia have already implemented an economic cooperation and trade agreement (ECTA) with commitments to slash or eliminate import duties on most goods. The two are also working on a comprehensive economic cooperation agreement (CECA) which aims to cover the entire gamut of bilateral economic and commercial relations, including trade in goods and services, digital trade, rules of origin and legal and institutional provisions.

“The visit offers an opportunity to build on the various facets of India-Australia comprehensive strategic partnership,” the MEA said in a post on social media platform X.

Wong said she looked forward to discussions with Jaishankar to set the course for an even more ambitious, future-focused agenda, as the India-Australia partnership entered its next phase.

“We will look to enhance our cooperation across cyber and strategic technology, trade, maritime security, defence, sport and people-to-people ties,” she said.

In FY25, India was Australia’s eighth largest trading partner, and Australia was India’s fourteenth largest trading partner, per government data. 

The bilateral trade between India and Australia in FY25 was $24.1 billion. India’s goods exports were worth $8.58 billion, and imports were at $15.52 billion.

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Published on November 20, 2025

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