Free Trade Agreements Of Australia on:
[Wikipedia]
[Google]
[Amazon]
Australia is party to 18
Australia Department of Foreign Affairs and Trade
– Official site {{Free trade agreements Free trade agreements of Australia Foreign relations of Australia Economy of Australia Economic history of Australia Economy of Australia-related lists
Australia is party to 18 free trade agreement
A free trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating state (polity), states. There are two types of trade agreements: Bilateralism, bilateral and Multilateralism, m ...
s (FTAs) worldwide covering 30 economies.
History
Post-War Era (1940s-1960s)
Australia was a founding member of the General Agreement on Tariffs and Trade (GATT) in 1947, which aimed to promote international trade by reducing tariffs and other trade barriers. The focus during this period was primarily on multilateral trade negotiations rather than bilateral agreements.Bilateral Agreements (1980s-1990s)
The Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA), signed in 1983, marked a significant step towards bilateral trade agreements, creating a single economic market between the two nations. The 1990s saw Australia engaging in further bilateral agreements, including those with countries in the Asia-Pacific region.Asia-Pacific Focus (2000s)
The Australia-Singapore Free Trade Agreement (ASFTA) was signed in 2003, followed by agreements with Thailand and the United States (Australia-United States Free Trade Agreement, AUSFTA) in 2005. These agreements aimed to strengthen economic ties and promote trade in goods and services.Regional Agreements (2010s)
The ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), effective in 2010, expanded trade relations with Southeast Asian countries. In 2018, Australia became a signatory to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which includes several key economies in the Asia-Pacific region.Free trade agreements in force
Australia has bilateral and multilateral free trade agreements with the following blocs and countries:Bilateral agreements
* :Closer Economic Relations
The Australia–New Zealand Closer Economic Relations Trade Agreement, commonly known as Closer Economic Relations (CER), is a free trade agreement between Australia and New Zealand. It came into force on 1 January 1983, but the actual treaty w ...
(1983)
* : Singapore-Australia Free Trade Agreement (SAFTA) (2003)
* : Australia-United States Free Trade Agreement (AUSFTA) (2005)
* : Thailand-Australia Free Trade Agreement (TAFTA) (2005)
* : Australia-Chile Free Trade Agreement (ACl-FTA) (2009)
* : Malaysia-Australia Free Trade Agreement (MAFTA) (2013)
* : Korea-Australia Free Trade Agreement (KAFTA) (2014)
* : Japan-Australia Free Trade Agreement (JAEPA) (2015)
* : China-Australia Free Trade Agreement (ChAFTA) (2015)
* : Australia-Hong Kong Free Trade Agreement (A-HKFTA) (2020)
* : Peru-Australia Free Trade Agreement (PAFTA) (2020)
* : Indonesia- Australia Comprehensive Economic Partnership Agreement (IA-CEPA) (2020)
* : Australia-India Economic Cooperation and Trade Agreement (ECTA) (2022)
* : Australia-United Kingdom Free Trade Agreement (A-UKFTA) (2023)
Multilateral agreements
* ASEAN Australia NZ FTA (2009), with: ** ** *Comprehensive and Progressive Agreement for Trans-Pacific Partnership
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), previously abbreviated as TPP11 or TPP-11 before enlargement, is a trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand ...
(CPTPP) (2018), with:
**
**
**
**
**
**
**
**
**
** (2024)
**
* PACER Plus
PACER Plus is a free trade agreement between members of the Pacific Islands Forum (the Forum Island Countries plus Australia and New Zealand). The agreement expands the existing Pacific Agreement on Closer Economic Relations (PACER) to include fu ...
(2020), with:
**
**
**
**
**
**
**
**
**
* Regional Comprehensive Economic Partnership
The Regional Comprehensive Economic Partnership (RCEP ) is a free trade agreement among the Asia-Pacific countries of Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, S ...
(RCEP) (2022), with:
**
**
**
**
**
**
**
**
**
**
**
Free trade agreements under negotiation
* : Australia-European Union Free Trade Agreement, entered negotiations in 2019, suspended since 2023. * : Australia-UAE Comprehensive Economic Partnership Agreement, negotiations starting in 2024. * : Australia-India Comprehensive Economic Cooperation Agreement (CECA), negotiating since 2011, suspended from 2016 to 2022.See also
*List of the largest trading partners of Australia
This is a list of the largest two-way trading partners of Australia, based on data released by the Australian Department of Foreign Affairs and Trade for the 2022 calendar year.
The largest trading partners
The 10 largest trading partners of Aus ...
* Economy of Australia
Australia is a Developed country, highly developed country with a mixed economy. As of 2023, Australia was the List of countries by GDP (nominal), 14th-largest national economy by nominal GDP (gross domestic product), the 19th-largest by Purc ...
* Free trade agreements of New Zealand
New Zealand is party to 14 free trade agreements (FTAs) worldwide. Together they accounted for over 70% of New Zealand's trade in 2023.
History
Prior to the mid-twentieth century, New Zealand's trade was dominated by the United Kingdom which p ...
* Free trade agreements of the United Kingdom
Following its Brexit, withdrawal from the European Union on 31 January 2020, the United Kingdom began negotiations on several free trade agreements to remove or reduce tariff and non-tariff barriers to trade, non-tariff barriers to trade, both ...
* Free trade agreements of the United States
The United States is party to many free trade agreements (FTAs) worldwide.
Beginning with the Theodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in th ...
References
External links
Australia Department of Foreign Affairs and Trade
– Official site {{Free trade agreements Free trade agreements of Australia Foreign relations of Australia Economy of Australia Economic history of Australia Economy of Australia-related lists