Expanded duty-free market access for a range of Australian goods into the UK comes into force today as the Australia-United Kingdom Free Trade Agreement (A-UKFTA) takes effect.
Federal agriculture minister Murray Watt describes the deal as a “gold-standard agreement” that will drive increased trade and economic growth, with tariffs removed on over 99 percent of our $10 billion two-way merchandise trade with the UK (2022).
For some agricultural products like beef, sheep meat, dairy and sugar, Australia will have access to expanding tariff quota volumes – within 10 years these tariff…