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Australia Free Trade Agreements (FTA) 2018
Watch this video to see the many countries Australia has FTA agreements with. Learn more about us. Visit https://www.freightforwarderquoteonline.com.au/
New trade agreements
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► Comprehensive and progressive agreement for Trans-Pacific Partnership (TPP 11) - 31 May 2018
► Peru bilateral FTA - 31 May 2018
Note that TTP 11 is one of Australia's largest trade agreement in terms of number of countries. TPP-11 involves Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
Existing trade agreements
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► Australia-Chile Free Trade Agreement (ACl-FTA) - 6 March 2009
Australia's fifth FTA and the first with a Latin American country. Tariffs on all existing merchandise trade in both directions was eliminated by 2015
► Australia-New Zealand Free Trade Agreement (AANZFTA) - 1 Jan 2010
Negotiations started 2004. Deal done within ASEAN. Separate market access to Brunei, Myanmar, Malaysia, Philippines, Singapore, Thailand and Vietnam
► Chinese-Australia Free Trade Agreement (ChAFTA) - 17 November 2014
Took 21 negotiating rounds to complete. Australia's largest trading partner. China accounts for one third of total Australian exports.
► Japan-Australia Economic Partnership Agreement (JAEPA) - 15 January 2015
Japan first FTA. Concessions for Australian agricultural exporters. Australian tariffs lowered on electronics, whitegoods and cars.
► Korea Australia Free Trade Agreement (KAFTA) - 12 December 2015
One of the strongest and most complementary trading relationships in the Asia-Pacific region. Australia's fourth largest trading partner.
► Malaysia Australia Free Trade Agreement (MAFTA) - 1 January 2013
Nearly all Australian goods exported to Malaysia became tariff-free by 2017. FTA built on Free Trade Agreement with ASEAN and New Zealand (AANZFTA).
► Singapore Australia Foreign Trade Agreement (SAFFTA) - 28 July 2003
Australia's first bilateral FTA since the Closer Economic Relations Trade Agreement in 1983 with New Zealand. Australia's largest trade and investment partner in South-East Asia.
► Thailand Australia Free Trade Agreement (TAFTA) - 1 January 2005
Australia’s third FTA. Thailand's first FTA. Eliminated majority of Thai previously high tariffs of up to 200%
► USA Australia Free Trade Agreement (USAFTA) - 1 January 2005
First proposed in 1945. Discussions started 2001. Deal by John Howard (AU) and George Bush (USA). Unclear if agreement has produced benefits
Want to know more about Free Trade Agreements?
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