Free trade agreements: vital to Australia’s continued economic growth
The August 2024 edition of Business Envoy is a showcase of Australia’s trade agreements and the benefits they deliver for Australian businesses, consumers, and communities.
This edition of Business Envoy celebrates the scope and breadth of Australia’s free trade agreements as we engage internationally to bring about prosperity for all. It includes a map of our FTAs worldwide.
The edition is rich in success stories and updates on DFAT’s work growing trade and supporting economic opportunities for Australian business and all Australians.
In June, Trade Minister Don Farrell travelled to Singapore to sign three landmark Indo–Pacific Economic Framework (IPEF) agreements at the IPEF Ministerial Meeting – the IPEF Clean Economy Agreement, IPEF Fair Economy Agreement and IPEF Overarching Agreement. These agreements will formally bring together IPEF member countries to unlock green trade and investment to support the net zero transition, and enhance anti-corruption and antitax-evasion efforts.
A year in force: the gold-standard Australia–UK FTA
The historic Australia–UK Free Trade Agreement (A–UKFTA), which had its one-year anniversary of entry into force in May, deepens the enduring trade and people-to people links between Australia and the United Kingdom.
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