November 30, 2021

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The empires of Britain and Australia reached a free trade agreement

The empires of Britain and Australia reached a free trade agreement

The United Kingdom is Australia’s fifth largest trading partner.

Canberra. The UK and Australia have reached a free trade agreement. The announcement was made by Australian Trade Minister Dan Dehan.

This is the first such agreement since Britain’s exit from the European Union. British Prime Minister Boris Johnson And his Australian ally Scott Morrison agreed to free trade between the two countries during talks in London, Dehan said.

“The prime ministers held a positive meeting in London and resolved the remaining issues related to the free trade agreement,” Dehan said in a statement.

“Their agreement is a victory for jobs, businesses and free trade, and shows what can be achieved if liberal democracies work together,” he said.

David Littlefruit, head of the Australian Ministry of Agriculture, described the deal as a “structural agreement”. This is the 15th Australian Free Trade Agreement.

Gabriele Suder, an international business expert at RMIT University in Australia, said the deal was good news for both Britain and Australia.

“This is great news for the UK. Free trade,” Sudar said.

The United Kingdom is Australia’s fifth largest trading partner. Flame expects a free trade agreement with Britain to boost the Australian economy to $ 1.3 billion a year.

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