China-Australia Free Trade Agreement

The China-Australia Free Trade Agreement (ChAFTA), signed in 2015, is a deal that reduces tariffs and barriers to trade between the two countries. It aims to make it easier for Australian businesses to export goods like agricultural products, minerals, and services to China, while also improving access for Chinese companies in Australia. The agreement promotes economic cooperation, encourages investment, and helps both countries benefit from increased trade. Overall, it fosters closer economic ties, supports growth, and creates opportunities for businesses and consumers in both nations.