Australia and Britain sign free trade agreement that will eliminate almost all taxes on exports between the countries
Australia and Britain have signed a free trade agreement that will eliminate almost all taxes on exports between the countries.
Tehan said the deal, which will take effect sometime in 2022, will grow investments and help with the recovery from the pandemic. Trevelyan said the deal showed what Britain can achieve “as an agile, independent sovereign trading nation.” The deal may help Britain's bid to gain access to a Pacific Rim trade initiative, the Comprehensive and Progressive Trans-Pacific Partnership, an 11-nation pact that includes Australia.“I look forward to building on this FTA,” he said.
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