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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.
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Australia currently has bilateral Free Trade Agreements with New Zealand, the United States, Thailand and Singapore as of 2007 and the United Kingdom as of 2021. As well as this, Australia is in the process undertaking studies on Free Trade Agreements with ASEAN, China, Chile, India, Indonesia, and Malaysia. Australia–Chile Free Trade Agreement
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IA-CEPA contains clauses on bilateral free trade, investments, skills training visas, investor arbitration, e-commerce, and intellectual property protection. [1] Indonesia, under the agreement, will remove tariffs from nearly all Australian products exported to Indonesia while all Indonesian products exported to Australia will be free of tariffs. [2]
The Australia–Chile Free Trade Agreement is a trade agreement between the countries of Chile and Australia. It was signed on July 30, 2008 and went into effect in the 1st quarter of 2009. [ 1 ] The agreement was intended to go into effect on January 1, 2009, but was delayed due to Chile not being able to finish its ratification in time.
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The free trade agreement was signed between the two countries on 17 June 2015. [4] Following the usual treaty making process the agreement came into force on 20 December 2015, after the Chinese Government completed its domestic legal and legislative processes and the Australian Parliament’s Joint Standing Committee on Treaties and the Senate ...