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The Australia-Singapore Free Trade Agreement (ASFTA) was signed in 2003, followed by agreements with Thailand and the United States (Australia-United States Free Trade Agreement, AUSFTA) in 2005. These agreements aimed to strengthen economic ties and promote trade in goods and services.
Australia–Chile Free Trade Agreement; China–Australia Free Trade Agreement; Australia–Korea Free Trade Agreement; Japan–Australia Economic Partnership Agreement; Australia–United Kingdom Free Trade Agreement; Australia–United States Free Trade Agreement
Australia–Singapore free trade agreement: Australia Singapore 2016 Australia–Thailand free trade agreement: Australia Thailand 2005 Australia–United States Free Trade Agreement: Australia United States 2004 Australia–Japan Free Trade Agreement: Australia Japan 2015 Australia–China Free Trade Agreement: Australia People's Republic of ...
Canada, Australia, New Zealand and United Kingdom Union (CANZUK) China–Japan–South Korea Free Trade Agreement; Community of Sahel-Saharan States (CEN-SAD) Commonwealth Free Trade Area (CFTA) Economic Community of Central African States (ECCAS) Economic Community of West African States (ECOWAS) [14] Economic Partnership Agreements (EU-ACP)
The FTA was ratified by the United States Congress with the passage of the United States-Australia Free Trade Agreement Implementation Act. It was passed by the House of Representatives on 14 July 2004 by a vote of 314–109 and by the Senate on 15 July 2004 by a vote of 80–16, [ 2 ] and signed into law by President George W. Bush on 3 August ...
A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other.
The OED records the use of the phrase "free trade agreement" with reference to the Australian colonies as early as 1877. [9] After the WTO's World Trade Organization - which has been considered by some as a failure for not promoting trade talks, but a success by others for preventing trade wars - states increasingly started exploring options to conclude FTAs.
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 ...