India and Australia agree to enhancing bilateral trade and investment through revival of the bilateral CECA negotiations, and harmonise standards and regulations on important products;
Work on market access issues in both directions to increase trade;
Work on mutual recognition of educational qualifications of the two countries;
Continue collaboration to encourage increased direct flights between Australia and India.

The 16th Session of the Joint Ministerial Commission (JMC) between India and Australia was convened in New Delhi on 24th February 2020. The Session was co-chaired by ShriPiyushGoyal, Minister of Railways and Commerce