page_title: Australia–Korea Free Trade Agreement
hierarchical_section_title: Australia–Korea Free Trade Agreement
context_page_description: The Korea–Australia Free Trade Agreement is a bilateral agreement seeking to reduce trade and investment barriers between Australia and South Korea. The agreement was finalised and came into force in 2014. Australia and South Korea have a strong and complementary trading relationship.
context_section_description: The Korea–Australia Free Trade Agreement (also called the KAFTA) is a bilateral agreement seeking to reduce trade and investment barriers between Australia and South Korea. The agreement was finalised and came into force in 2014. Australia and South Korea have a strong and complementary trading relationship.
caption: Monthly value of Australian merchandise exports to South Korea (A$ millions) since 1988