Australia

Australia has been actively engaged in bilateral FTA negotiations, while maintaining that its top priority is multilateral trade negotiations at the WTO. Bilateral trade and investment deals which Canberra has concluded are those with New Zealand (1983), Singapore (2003), Thailand (2004), the United States (2004) and Chile (2008).

Along with New Zealand and Pacific Island Nations, Australia belongs to PACER, the Pacific Agreement on Closer Economic Relations.

Currently, Canberra is negotiating major FTAs with China, the GCC, India, Japan, Korea, Malaysia, the United Arab Emirates and, together with New Zealand, ASEAN. There has also been mention of possible talks with Mexico.

In November 2008, Australia decided to negotiate entrance to the Pacific-4, or P4, free trade and investment agreement along with the US, Peru and possibly Vietnam. This agreement has now developed into the Trans-Pacific Partnership (TPP).

last update: May 2012

Articles

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  • 12-Jan-2015 Spanish People Australia e India se acercan a TLC
    Australia e India se acercan a un histórico tratado de libre comercio (TLC), indicó el ministro de Comercio e Inversión de Australia, Andrew Robb.
  • 17-Nov-2014 ABC Trade Minister says he’ll now work on a deal with India, after signing of FTA with China
    Within an hour of finalising a free trade deal with China, Australia’s Federal Trade Minister said he hoped to complete an FTA with India in the next year.
  • 12-Nov-2014 Breakthrough on trade talks, now for India at G20
    Australia will claim a breakthrough on global trade liberal­isation at this weekend’s G20 summit, as Tony Abbott reveals that a free-trade agreement with India is next on Australia’s trade shopping list.
  • 4-Sep-2014 ABC Australia to consider free trade agreement with India, Tony Abbott says
    The Prime Minister says Australia will consider negotiating a free trade agreement with India once it has finalised a trade deal with China.
  • 4-Sep-2014 Scoop Australian Labour Party and Green MPs reject Korea Free Trade Agreement
    “The Joint Standing Committee on Treaties has issued conflicting reports in its review of the Korea Australia Free Trade agreement (KAFTA)”, Dr Patricia Ranald, Convenor of the Australian Fair Trade and Investment Network, said today.
  • 2-Sep-2014 Motoring Australia EU FTA to kill LCT
    An Australian government keen to cement a free trade agreement with Europe will have to ditch the unpopular Luxury Car Tax first, currently bringing in $500 million per year, says an executive from Mercedes-Benz Australia.
  • 29-Aug-2014 WA Today Trade treaties expose Australia to costly litigation, experts warn
    Australia risks getting swept up in a wave of litigation by foreign corporations wishing to sue over unfavourable domestic laws, experts warn, after the government rejected a bill to ban controversial trade agreements.
  • 29-Aug-2014 Computer World Inquiry rejects ban on ISDS clauses in free trade agreements
    A Senate inquiry has recommended against passing a bill that would bar Australia from entering into trade agreements that include so-called ’investor-state dispute settlement’ clauses.
  • 28-Aug-2014 Kluwer Arbitration Blog The “anti-ISDS bill” before the Australian Senate
    Indonesia is not the only Asia-Pacific nation that is reassessing investment treaties containing provisions on Investor-State Dispute Settlement (ISDS, especially arbitration).
  • 13-Aug-2014 AFTINET AFTINET on ISDS
    Australia Fair Trade and Invesment Network’s Convener, Dr Patricia Ranald, gave evidence to the Senate Committee for Foreign Affairs Defense & Trade on the 6th August 2014 about the dangers of investor-state dispute settlement (ISDS) in trade agreements.
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