Federal agriculture Minister Murray Watt is reporting positive progress toward the final ratification of the Australia-United Kingdom Free Trade Agreement following his return from London last week.
The deal was passed by the Australian Parliament in November, and is awaiting formal ratification by the UK Parliament before it takes effect.
When passed the deal will result in Australian beef and sheepmeat exports entering the UK under a tariff rate quota regime.
Initial tonnages will allow for 25,000 tonnes of Australian sheepmeat and 35,000 tonnes of beef to enter the UK tariff free,…
