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The Australian Prime Minister had said earlier he would confront Putin over the downing of MH17, threatening to “shirtfront” him.
Tokyo has said the Indian government must roll out reforms for the promised $35 billion Japanese investment to reach the country.
The FTAAP will add an estimated $2.4 trillion to the global economy, says a new survey.
The two presidents did not discuss any of the issues that have strained ties between both powers.
Trade ties have seen a downward spiral, affected by the strain in political relations.
Australia-China bilateral trade exceeded a whopping $150 billion in the last financial year.
Deals inked include agreement on delivery of Russian natural gas to China via the western route.
The US and EU sanctions are levying a heavy toll on Russia’s $425 billion-a-year petroleum industry.
Xi said the goal of the Fund is to "break the bottleneck in Asian connectivity by building a financing platform."
The US was trying to block China’s efforts at introducing the Asia Pacific FTA negotiations, says media reports.
