UK, Australia on ‘brink’ of agreeing a new trade deal

UK International Trade minister Liz Truss and Australian counterpart Dan Tehan revealed on Friday that they had finalised “the vast majority” of a free trade deal, with the deal to be signed off on by June. [J_UK]

The UK and Australian trade ministers say that they are on the brink of agreeing a new trade deal.

UK International Trade minister Liz Truss and Australian counterpart Dan Tehan revealed on Friday that they had finalised “the vast majority” of a free trade deal, with the deal to be signed off on by June. 

Truss added that the agreement would lower the price of Australian wine in the UK.

The pact would be one of the first UK trade agreements with a third country that does not simply roll over the terms of the EU’s trade arrangements. The United States and Canada are among the countries which Boris Johnson’s government has prioritised, while an agreement with Japan was finalised last October. (Benjamin Fox | EURACTIV.com)

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