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AAP
AAP
Politics
Dominic Giannini

Australia-India seek to boost economic ties in new pact

India Australia
Two-way trade between India and Australia was worth $46.5 billion last year. (Mick Tsikas/AAP PHOTOS)

Australia and India are hoping to net a more comprehensive economic pact by the end of the year. 

Canberra and New Delhi already inked a free trade agreement - India's first with a developed country in more than a decade - and want to upgrade this to "an even more ambitious" comprehensive economic co-operation agreement. 

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