Australia is party to 18 free trade agreements (FTAs) worldwide covering 30 economies.[1][2]
Australia
Free trade agreements in force
History
editFree trade agreements in force
editAustralia has bilateral and multilateral free trade agreements with the following blocs and countries:[3]
Bilateral agreements
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New Zealand: Closer Economic Relations (1983)[4]
Singapore: Singapore-Australia Free Trade Agreement (SAFTA) (2003)
United States: Australia-United States Free Trade Agreement (AUSFTA) (2005)
Thailand: Thailand-Australia Free Trade Agreement (TAFTA) (2005)
Chile: Australia-Chile Free Trade Agreement (ACl-FTA) (2009)
Malaysia: Malaysia-Australia Free Trade Agreement (MAFTA) (2013)
South Korea: Korea-Australia Free Trade Agreement (KAFTA) (2014)
Japan: Japan-Australia Free Trade Agreement (JAEPA) (2015)
China: China-Australia Free Trade Agreement (ChAFTA) (2015)
Hong Kong: Australia-Hong Kong Free Trade Agreement (A-HKFTA) (2020)
Peru: Peru-Australia Free Trade Agreement (PAFTA) (2020)
Indonesia: Indonesia- Australia Comprehensive Economic Partnership Agreement (IA-CEPA) (2020)
India: Australia-India Economic Cooperation and Trade Agreement (ECTA) (2022)
United Kingdom: Australia-United Kingdom Free Trade Agreement (A-UKFTA) (2023)
Multilateral agreements
edit- ASEAN Australia NZ FTA (2009),[5] with:
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) (2018),[6] with:
- PACER Plus (2020),[7] with:
- Regional Comprehensive Economic Partnership (RCEP) (2022),[8] with:
Free trade agreements under negotiation
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European Union: Australia-European Union Free Trade Agreement, entered negotiations in 2019, suspended since 2023.[9]
United Arab Emirates: Australia-UAE Comprehensive Economic Partnership Agreement, negotiations starting in 2024.[10]- India: Australia-India Comprehensive Economic Cooperation Agreement (CECA), negotiating since 2011, suspended from 2016 to 2022.[11]
See also
editReferences
edit- ^ "Free trade agreements | Austrade". austrade.gov.au. Retrieved 8 September 2024.
- ^ "About free trade agreements (FTAs)". Department of Foreign Affairs and Trade. Retrieved 9 September 2024.
- ^ "Australia's free trade agreements (FTAs)". Department of Foreign Affairs and Trade. Retrieved 9 September 2024.
- ^ Australia and New Zealand Closer Economic Relations – NZ Ministry of Foreign Affairs and Trade
- ^ "ASEAN Australia New Zealand FTA (AANZFTA)". Retrieved 22 January 2019.
- ^ "Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)". Retrieved 22 January 2019.
- ^ "PACER Plus". Retrieved 19 August 2024.
- ^ "Regional Comprehensive Economic Partnership (RCEP)". Retrieved 2 March 2022.
- ^ Heydon, Ken (29 November 2023). "Australia's troubled EU trade deal still second best". East Asia Forum. Retrieved 9 September 2024.
- ^ "Australia says it will begin trade talks with UAE in 2024". Reuters. 13 December 2023. Retrieved 9 September 2024.
- ^ "Australia-India Comprehensive Economic Cooperation Agreement (CECA)". Department of Foreign Affairs and Trade. Retrieved 9 September 2024.
External links
edit- Australia Department of Foreign Affairs and Trade – Official site