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AAP
AAP
Business

Business groups eye full Aust-India FTA

India Trade Australia Dan Tehan Scott Morrison
Trade Minister Dan Tehan has signed off on an interim trade pact between Australia and India. (AAP)

Business group have hailed the signing of an interim trade pact between Australia and India as a major milestone towards a full free trade agreement.

The deal, signed in a virtual meeting on Saturday, will see tariffs eliminated on more than 85 per cent of Australian goods exported to India, currently worth more than $12 billion a year.

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