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India Free Trade Agreement Tony Abbott’s ‘Next Priority’

Posted November 18, 2014

Under Economic Issues, International Trade Issues

(Phillip Coorey – Financial Review)

Prime Minister Tony Abbott has nominated a free trade agreement with India by the end of next year as his government’s next priority following the successful conclusion of a deal with China on Monday.

Hosting a bilateral visit by Indian Prime Minister Narendra Modi, Mr Abbott said the relationship with India needed to be much deeper than cricket.

He said the trade relationship, worth only $15 billion last year, was underdeveloped and it needed to be “cranked up’’.

“We are not resting on our laurels,’ he said, following the conclusion of free trade agreements with Japan, South Korea and China. Read more here.