A free trade agreement (FTA) is an international treaty between two or more economies that reduces or eliminates certain barriers to trade in goods and services, as well as investment. Australia negotiates FTAs to benefit Australian exporters, importers, producers and investors by reducing and eliminating certain barriers to international trade and investment. Australia has entered into 11 FTAs with both individual countries and groups of countries. A number of other agreements are currently under negotiation.
Free trade agreements in force
Australia has entered into free trade agreements (FTAs) with 11 countries or groups of countries (listed with the date they entered into force):
FTAs concluded but not yet in force
Australia-Hong Kong Free Trade Agreement
Australia and Hong Kong announced the conclusion of negotiations on the Australia-Hong Kong Free Trade Agreement (FTA) on 15 November 2018. The agreement marks a significant milestone in our already substantial trade and investment relationship. Australian businesses, service suppliers, investors and farmers stand to benefit from the certainty this FTA will bring. For more information about the Australia-Hong Kong FTA visit our Australia-Hong Kong Free Trade Agreement page.
Indonesia-Australia Comprehensive Economic Partnership Agreement
Australia and Indonesia signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) on 4 March 2019. This agreement launches a new chapter in economic relations between Australia and Indonesia. For more information about IA-CEPA visit our Indonesia-Australia Comprehensive Economic Partnership Agreement page.
Peru-Australia Free Trade Agreement
Australia and Peru signed the Peru-Australia Free Trade Agreement (PAFTA) on 12 February 2018.
For more information about PAFTA, visit our Peru-Australia Free Trade Agreement page.
Pacific Agreement on Closer Economic Relations (PACER) Plus
PACER Plus was signed in Nuku’alofa in Tonga on 14 June 2017 by Australia, New Zealand and eight Pacific Island countries — Cook Islands, Kiribati, Nauru, Niue, Samoa, Solomon Islands, Tonga and Tuvalu.
For more information about PACER Plus, visit our Pacific Agreement on Closer Economic Relations (PACER) Plus page.
FTAs under negotiation
Prospective FTA negotiations
Prospective Australia-United Kingdom Free Trade Agreement