/ 04 June 2021

Date set for Oz-UK trade deal

A free trade deal that would remove tariffs on billions of dollars’ worth of Aussie and British goods could be signed by mid-June after PM Scott Morrison meets with his British counterpart Boris Johnson at the G7 summit on 11 June. Or it could drag on past that, but that’s the aim, UK officials say. Under the deal, Aussie agricultural exports, including beef and cereals and UK goods including Scotch whiskey and cars, would have their tariffs slashed, putting Oz on the same trade footing as the European Union. Reports say the deal has largely been finalised, with one remaining sore spot being the transition period. Still cranky: UK farmers who worry it’s the start of a wave of nations getting favourable access to UK consumers.

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