Trade agreement between two or more countries play important role in rising economy. It assists corporate world to enter into international market and enhance overall rate of return. This aspect tends to support businesses in increasing gross domestic product and supporting economies to move into upward direction. Present report is based on comparison of bilateral treaties between Australia and France, Singapore-Australia. In the second aspect The Indonesia- Australia Comprehensive Economic Partnership agreement has also been explained. Furthermore, results derived from actions and treaties are also explained in the light of well being of mentioned countries.
Australia And France Bilateral Treaties
Bilateral treaties, also called bipartite or contractual treaty refers to the restrictions that prevent transactions took place between two nations and international organization. France is the second most popular country of European Union (EU) having population of more than 64 million people. It is one of the leading industrialized nations having mature and highly sophisticated economic conditions. It maintains strong favorable and friendly relationship with the Australia (Figueiredo, Lima and Schaur, 2016). Bilateral relationship between both the countries is underpinned mainly by several historical links. For instance, co-operation between both the nations during first and Second World War and consular and diplomatic engagement strengthen their relationship to a great extent. Moreover, in recent years, Asia-Europe Meeting (ASEM), and membership forums G-20 proves as a significant step that helps to build stronger relationship between the