Australia-Republic of Korea Free Trade Agreement negotiations

Implementation Timeline

Implementation Timeline [PDF 49 KB]

The Korea-Australia Free Trade Agreement (KAFTA) was signed by Trade and Investment Minister, Mr Andrew Robb and his South Korean counterpart the Minister for Trade, Industry and Energy, Mr Yoon Sang-jick in Seoul on 8 April 2014.

Minister Robb tabled the text of the Agreement along with a National Interest Analysis in the Australian Parliament on 13 May 2014.

The text of KAFTA and the National Interest Analysis was tabled in the Australian Parliament for 20 joint sitting days and was considered by the Joint Standing Committee on Treaties (JSCOT). On 4 September 2014, the Chair of JSCOT tabled Report 142 of its inquiry into KAFTA in Parliament. The report supported KAFTA and recommended the Government take binding treaty action.

Following tabling of the report, the Minister for Immigration and Border Protection, the Hon Scott Morrison MP introduced customs implementing legislation into Parliament.

The following procedure will now be followed to enable KAFTA to become operational (or to enter into force) in accordance with normal treaty procedures: