Australia & UK Expected To Sign Trade Deal Next Week

The Australian and UK governments are expected to sign their comprehensive trade deal next week, ushering in new provisions for trade, freer movement and mutual skills recognition.

Truss Tehan CANZUK
Trade Ministers Liz Truss & Dan Tehan meet for trade talks ahead of the G7 (photo: Sky News)
Written by James Skinner
 
James is the Founder & Chief Executive of CANZUK International in Toronto, Canada

                

The UK and Australia reached an agreement in principle on a post-Brexit trade deal in June 2021, when Morrison was in Britain for the G7 summit.

UK Prime Minister, Boris Johnson, said the new agreement marked a “new dawn” in the UK’s relationship with Australia, and will pave the way for future concessions regarding visas and mobility for citizens.

As such, it is now expected that the deal will be signed when Australian Trade Minister, Dan Tehan, visits London next week.

“This deal delivers for Britain and shows what we can achieve as a sovereign trading nation,” said a DIT spokesperson.


“It is a fundamentally liberalising agreement that removes tariffs on all UK exports, opens new opportunities for our services providers and tech firms, and makes it easier for our people to travel and work together.”

The department, led by Secretary of State for International Trade, Liz Truss, is also confident of reaching an agreement in principle with New Zealand on a post-Brexit trade deal this month.

CANZUK International welcomes the upcoming Australia-UK trade deal and will continue to work with MPs and Senators across the four CANZUK countries to ensure similar arrangements are negotiated under future agreements.

         
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