Australia-UK free trade agreement to take effect within weeks, relaxing visa rules and scrapping tariffs
1 year, 7 months ago

Australia-UK free trade agreement to take effect within weeks, relaxing visa rules and scrapping tariffs

ABC  

A historic free trade agreement between Australia and the United Kingdom is set to be in place by the end of the month following years of negotiations. Key points: The deal eliminates tariffs on more than 99 per cent of Australian exports to the UK It will also be easier for Australians to live and work in the UK The FTA is set to take effect on May 31 The deal, which relaxes trade and visa arrangements between the two countries, was agreed more than a year ago. The deal with Australia was the first free trade agreement struck by the UK after its exit from the European Union. "Tomorrow afternoon Ursula von der Leyen will be present, I'll be having a pull-aside with her about the EU Free Trade Agreement.

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History of this topic

Why we won’t get better trade deals out of Trump or the EU
1 month, 2 weeks ago

Why we won’t get better trade deals out of Trump or the EU

The Independent  

This week Rachel Reeves will use her Mansion House speech in the City of London to “promote free and open trade between nations”. And they are worsening … In the new world of Trump 2.0, we find vice-president-elect JD Vance suggesting that the Americans would drop support for Nato if Europeans tried to regulate Elon Musk’s X network and other …

Australia enters 'endgame' free trade talks with European Union for a deal five years in the making
1 year, 1 month ago

Australia enters 'endgame' free trade talks with European Union for a deal five years in the making

ABC  

Owen Menkens has spent much of his life among the tall, green sugarcane plantations of North Queensland, farming a crop that is eventually added to almost every item of food. Across the Channel, bureaucrats in Brussels have scoffed at Australian demands for similar market access as part of a trade deal with the European Union — a massive, high-income bloc …

Australia and European Union fail to reach free trade deal despite visit to break deadlock
1 year, 5 months ago

Australia and European Union fail to reach free trade deal despite visit to break deadlock

ABC  

Australia and the European Union have failed to resolve five-year-long negotiations on a planned free trade agreement worth almost $100 billion. Key points: Australia's trade minister travelled to Brussels this week in an attempt to break the deadlock The EU wants to restrict Australia from using names including prosecco and feta Australia wants the deal "to achieve meaningful agricultural access …

UK’s first post-Brexit trade deals with Australia and New Zealand now in place
1 year, 6 months ago

UK’s first post-Brexit trade deals with Australia and New Zealand now in place

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The agreements are the first trade deals negotiated post-Brexit to enter into force and come …

UK free trade agreement good news for Australian winemakers, farmers, and fishers
1 year, 7 months ago

UK free trade agreement good news for Australian winemakers, farmers, and fishers

ABC  

The long awaited Free Trade Agreement with the United Kingdom is good news for Australian farmers. Key points: Australia's free trade agreement with the United Kingdom starts on May 31 The deal includes important concessions for Australian agriculture Tariffs will be cut and quotas increased for wine, beef and seafood producers It will cut tariffs and increase quotas on a …

India-Australia free trade agreement to come into force from December 29
2 years ago

India-Australia free trade agreement to come into force from December 29

The Hindu  

The free trade agreement between India and Australia will come into force from December 29, a move which will help in almost doubling the bilateral commerce to $45-50 billion in around five years. "The Albanese government welcomes confirmation today that the Indian Government has completed its domestic requirements to enable implementation of the Australia-India Economic Cooperation and Trade Agreement," Australian …

Trade pact a step closer as Australia parliament gives nod to India deal
2 years, 1 month ago

Trade pact a step closer as Australia parliament gives nod to India deal

Hindustan Times  

The India-Australia trade agreement is expected to be operational by early 2023 as both sides are expeditiously completing formalities – while New Delhi has sent the pact for Presidential assent, Australian Prime Minister Anthony Albanese on Tuesday tweeted that it has “passed though” Australian parliament. The passage of legislation demonstrates Australia’s commitment to free trade and the rules-based trading system, …

Australia ratifies free trade deals with India and Britain
2 years, 1 month ago

Australia ratifies free trade deals with India and Britain

Associated Press  

CANBERRA, Australia — Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union. Farrell …

Australia ratifies free trade deals with India and Britain
2 years, 1 month ago

Australia ratifies free trade deals with India and Britain

The Hindu  

Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, November 22, 2022, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union. ‘Ties …

Explained: What makes India and Australia's free-trade deal, 11 years in the making, historic
2 years, 8 months ago

Explained: What makes India and Australia's free-trade deal, 11 years in the making, historic

Firstpost  

The Australia-India Economic Cooperation and Trade Agreement will offer zero duty access to India for about 96.4 per cent of exports, among other benefits. Both governments opine that this deal will boost bilateral trade to $45-50 billion over five years After 11 years, India and Australia have signed a historic trade deal — the Australia-India Economic Cooperation and Trade Agreement. …

Will the Australia-UK trade deal be in Australia's interest? History shows we must be careful
3 years, 6 months ago

Will the Australia-UK trade deal be in Australia's interest? History shows we must be careful

ABC  

Expect to hear more about trade in coming days, because Australia's just agreed to the broad terms of a new trade deal with the United Kingdom. The new era saw "preferential" trade agreements become more popular, where countries started signing more trade and investment deals with each other, or with particular regions, to the exclusion of others. "Unfortunately, the PBS …

Australia, Britain reach free trade deal to cut many tariffs
3 years, 6 months ago

Australia, Britain reach free trade deal to cut many tariffs

Associated Press  

LONDON — Britain and Australia announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the U.K. seeks to expand links around the world following its exit from the European Union. The U.K. said a final agreement in principle would be published “in the coming days.” Australia is the U.K.'s 14th …

UK Australia trade deal announced
3 years, 6 months ago

UK Australia trade deal announced

CNN  

Sydney/Hong Kong CNN Business — Australia and the United Kingdom announced a free trade agreement Tuesday as Britainbegins to forge new economic relationships following its departure from the European Union. It’s the first major bilateral free trade agreement brokered by the United Kingdom since it left the European Union in January 2020. “We are concerned that the pace of these …

Boris Johnson’s ‘global Britain’ needs more than a tiny Australian trade deal
3 years, 6 months ago

Boris Johnson’s ‘global Britain’ needs more than a tiny Australian trade deal

CNN  

London CNN Business — The United Kingdom’s first new trade deal since Brexit is a sobering reminder of the mammoth task it faces as it seeks to compensate for losing the economic benefits of EU membership. DOMINIC LIPINSKI/POOL/AFP/Getty Images The Australia deal The details of the Australia deal have yet to be announced and implementation is not expected to begin …

Australia and United Kingdom strike agreement for post-Brexit free trade deal
3 years, 6 months ago

Australia and United Kingdom strike agreement for post-Brexit free trade deal

ABC  

A free trade deal between Australia and the United Kingdom has been hailed by British Prime Minister Boris Johnson as "a new dawn" in relations between the two countries. Key points: PM Scott Morrison said the deal was "the most comprehensive and ambitious agreement Australia has concluded" Age limits on working holiday visas will be increased to 35, and tariffs …

Australian exporters could face millions of dollars in European tariffs as EU seeks to punish polluters
3 years, 9 months ago

Australian exporters could face millions of dollars in European tariffs as EU seeks to punish polluters

ABC  

Australian exporters to Europe are likely to face millions of dollars in new tariffs after the European Parliament voted overnight to move forward with a carbon levy on products from countries lacking serious pollution reduction programs. Key points: The European Parliament has voted to introduce a carbon levy on imports into the EU from countries with weaker emission rules Australian …

Brexit: UK and EU agree to keep talking but warn ‘no-deal’ is now likely
4 years ago

Brexit: UK and EU agree to keep talking but warn ‘no-deal’ is now likely

CNN  

CNN — The United Kingdom and the European Union have warned a no-deal Brexit was now likely, even as they agreed – once again – to extend trade talks beyond a self-imposed Sunday deadline. The talkswere initially extended until Sunday after Wednesday’s meeting between European Commission President Ursula von der Leyen and the UK Prime Minister Boris Johnson, billed as …

Strong possibility of no-deal Brexit, warns Boris Johnson
4 years ago

Strong possibility of no-deal Brexit, warns Boris Johnson

The Hindu  

British Prime Minister Boris Johnson has issued the starkest warning yet that the U.K. could be out of the EU on January 1, 2021, without a trade agreement in place as the two sides remain divided on key areas amidst last-ditch talks between the chief Brexit negotiators. After Mr. Johnson ’s urgent talks with European Commission President Ursula von der …

UK’s Johnson: ‘Strong possibility’ Brexit talks will fail
4 years ago

UK’s Johnson: ‘Strong possibility’ Brexit talks will fail

Associated Press  

BRUSSELS — With a chaotic and costly no-deal Brexit three weeks away, leaders of both the European Union and United Kingdom saw an ever likelier collapse of trade talks Thursday, and British Prime Minister Boris Johnson even spoke of a “strong possibility” of failure. Facing a Sunday deadline set after inconclusive talks between EU Commission President Ursula von der Leyen …

‘Australia-style’ outcome will be a no-deal Brexit, Downing Street admits
4 years ago

‘Australia-style’ outcome will be a no-deal Brexit, Downing Street admits

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

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