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International relation is a booming field, and considering the economic development and advancement in trading, it witnesses a great demand as a course. Foreign relation explores cross-border relations and addresses a myriad of aspects, being a multidisciplinary field.

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An Overview On Australia's Foreign Relations

AANZFTA (ASEAN-Australia-New Zealand Free Trade Area)

It is an agreement between the ASEAN member states such as Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand, Singapore, Vietnam, and New Zealand & Australia. The agreement offers exclusive tariff reduction and assurance of better-quality FTA with the partner countries. Australia got into the act in January 2010.

The Australian Government is committed to uplift FTA for business relevance, and the partner countries update and amend the agreement according to the requirements. The Government also invited various stakeholders to input necessary updates for the betterment of the trade and relation.

Australia And ASEAN

ASEAN is a bilateral engagement of Australia with the southeast Asian countries for strengthening the engagement between the countries. Australia is the first ASEAN partner that got into the pact in 1974. The economy and security of the country are associated with countries of Southeast Asia. Even the country has signed an MOU on Cooperation to Counter International Terrorism with ASEAN countries under a special summit. ASEAN is an inter-governmental association formed in 1967for promoting political, economic, and social collaboration and regional stability.

MIKTA

MIKTA is another diverse and cross-regional association of world powers that includes Mexico, Indonesia, the Republic of Korea, Turkey, and Australia. It primarily focuses on removing the gaps in the countries' multilateral system and bringing in harmony against the difficult issues. MIKTA came into existence in September 2023 by the foreign ministers, and since then, it collaborates and exchanges dialogues between academics, diplomats, experts, and even parliamentarians. MIKTA aims at trading, gender equality, good governance, and sustainable development.

APEC (Asia Pacific Economical Corporation)

Asia pacific Economical Corporation is a 21 Asia-pacific economy conference and includes countries like Canada, Chile, Chinese Taipei, Hing Kong, Indonesia, Japan, Mexico, New Zealand, and Australia. Australia was the founding member of APEC in 1989, and for now, more than 70 per cent of Australia's trade depends on APEC partners. A prosperous and closer regional economic integration helps the Australian economy to see growth and prosperity.

APEC encourages the regional economy, facilitates at the border, across the border, and behind-the-border trade and investment. It also helps in exchanging best practices of information on different trades and for simplifying the administrative process.

Australia is the founding member of APEC and associated with more than 30 APEC sub-forums. The country works dedicatedly for economic growth within the region by encouraging regional economic integration.

Australian Department of Foreign Affairs & Trade

The department of foreign affairs and trade aims at making the country stronger and prosperous with timely and responsive services and attempts. It also ensures the presence and significance of the Australian Government overseas. It also offers various foreign and development policy guidance to the Government and works together with associated agencies for ensuring Australia's pursuit of bilateral and global interests.

Australia has diplomatic representatives in more than 90 locations and having official relations. In some countries, Australia has set up embassies, and in commonwealth countries, it has high commissions. On the other hand, the country also has consulates in different countries for helping Australian travellers and businessmen.

Foreign Relation & Policy of Australia

According to the Foreign Policy White Paper of the Australian Government 2017, the country will take the necessary steps to eliminate China and America's ongoing tensions. The country makes a necessary effort in this aspect to eradicate the negative impact on the joint trading system. Australia's foreign policy is to stand firmly behind the rules and maintain good ties with global leaders.

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