“…[80] Commencing in the early 1990s, Australia moved further towards liberalized provisions, with the removal of restrictions on equity investments between international and domestic airlines, together with multiple designations, enabling more integration between these services. [81] Since the early 1990s, Australia has signed many free trade agreements (FTA) [82] and has ten currently in force with New Zealand, Singapore, Thailand, United States, Chile, Association of South East Asian Nations (ASEAN) (with New Zealand), Japan, Korea, Malaysia and China. [83] Currently, Australia generally favors an open free trade system.…”