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China, Australia agree on FTA

By Wu Jiao in Canberra and Zhong Nan in Beijing ( China Daily ) Updated: 2014-11-18 07:52:03

Pact would cut tariffs, improve investment environment

China and Australia finalized negotiations on a landmark free trade agreement on Monday after nearly a decade of talks.

The deal comes on the heels of the China-South Korean FTA agreement. It would give China an upper hand in regional economic integration as major economies compete for regional free trade arrangements.

China, Australia agree on FTA

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