Australia seals US$13 billion trade deal with UK amid China sanctions

//Australia seals US$13 billion trade deal with UK amid China sanctions

Australia seals US$13 billion trade deal with UK amid China sanctions

Britain and Australia have signed a free trade deal projected to eventually boost bilateral trade by over £10 billion (US$13.3 billion), eliminating tariffs, opening up sectors like agriculture and allowing freer movement for service-sector professionals.The elimination of tariffs on Australian wine, and a tariff-free quota for beef will help exporters hit by sanctions in China to pivot to British sales. British cars, whiskey, confectionery and cosmetics will see tariffs phased out in Australia…

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By | 2021-12-17T04:00:23+00:00 December 17th, 2021|World|Comments Off on Australia seals US$13 billion trade deal with UK amid China sanctions