AUS-UK Free Trade Agreement Closer To Fruition

AUS-UK Free Trade Agreement Closer To Fruition

The Australia – United Kingdom Free Trade Agreement is a step closer to the announcement of a commencement date, after the enabling legislation in the UK received Royal Assent.

This historic agreement is the UK’s first new trade deal signed since Brexit and will remove tariffs on more than 99% of the $9.2 billion of Australian goods exported to the UK every year.

This free trade agreement will help revitalise local manufacturing and provide new access to the UK’s government procurement market worth an estimated half a trillion dollars annually.

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Rachael Budd & The Transolve Global Team

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