Australia's prosperity depends on trade and investment. Open trade and competitive markets are key factors contributing to a strong and resilient economy. This is the best guarantor of jobs. Therefore, the negotiation of high-quality, comprehensive bilateral and regional FTAs is an important economic strategy for the Government. FTAs can consolidate and extend the open trading environment for Australian business, meaning greater economic activity and more jobs for Australians.
Australia's FTAs also form an integral part of improving the business environment and cutting red tape under the Government's Industry Innovation and Competitiveness Agenda for a stronger Australia.
Following the conclusion of the China-Australia FTA, Australia has now concluded 15 FTAs with 26 countries.
Australia's Free Trade Agreements
FTAs in force – (year of entry into force)
- Australia-New Zealand Closer Economic Relations (ANZCERTA) - 1983
- Singapore-Australia FTA (SAFTA) - 2003
- Thailand-Australia FTA (TAFTA) - 2005
- Australia-United States FTA (AUSFTA) - 2005
- Australia-Chile FTA (ACl-FTA) - 2009
- ASEAN-Australia-New Zealand FTA (AANZFTA) - 2010
- Malaysia-Australia FTA (MAFTA) - 2013
- Korea-Australia FTA (KAFTA) - 2014
- Japan-Australia Economic Partnership (JAEPA) - 2015
- China-Australia FTA - 2015
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – 2018
- Australia-Hong Kong (A-HKFTA) and associated Investment Agreement (IA) – 2020
- Peru-Australia (PAFTA) — 2020
- Indonesia- Australia Comprehensive Economic Partnership Agreement (IA-CEPA) – 2020
- Pacific Agreement on Closer Economic Relations (PACER) Plus – 2020
- Regional Comprehensive Economic Partnership (RCEP) – 1 January 2022 for ten countries: Australia, New Zealand, Brunei Darussalam, Cambodia, China, Japan, Laos, Singapore, Thailand and Vietnam. For the Republic of Korea: 1 February 2022.
FTAs concluded but not yet in force - (conclusion)
- Australia-India Economic Cooperation and Trade Agreement
- Australia-United Kingdom Free Trade Agreement
FTAs under negotiation - (launch/participation)
- Australia-European Union Free Trade Agreement
- Australia-Gulf Cooperation Council (GCC) FTA
- Australia-India Comprehensive Economic Cooperation Agreement