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India offers the best economic growth potential for Australia: Report

Australian govt will bring out proposals by 2018-end on report batting for more economic linkages

US China trade war
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The US on Friday imposed up to 25% import tariff on 818 Chinese products. The move is set to affect around $34 billion worth of US imports

Subhayan Chakraborty New Delhi
India offers the best economic growth potential for Australia and not China over the next 20 years, a report supported by the Australian government has pointed out.

‘An India Economic Strategy to 2035’, penned by former Australian High Commissioner to India Peter N Varghese, bats for more economic linkages between the nations at a time Indian businesses have been scouting for newer overseas markets, egged on by the government.

"If you look globally at where the best prospects for growth in trade and investment relations are, India stands out as the single most significant growth opportunity for Australia. Our trade with Beijing