Blog Post

UK approves trade agreement with Australia

The Australia-United Kingdom Free Trade Agreement has received Royal Assent in the UK Parliament, paving the way for both countries to bring the agreement into force “as soon as possible”, according to Australian Minister for Trade Don Farrell.

The agreement is the first trade deal signed by the UK since Brexit.

Mr Farrell said it will reset access to the UK market for Australian exporters, with the removal of tariffs on over 99 percent of the $9.2 billion Australian goods exported to the UK annually.

“It will help revitalise local manufacturing and provide new access to the UK’s…

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