UK, Australia ratify post-Brexit free trade agreement

It is the first real free trade agreement achieved by the United Kingdom after Brexit. London signed a trade deal with Australia on Thursday 16 December, which should open doors to the Asia-Pacific region.

agreement “historic” It was the subject of an in-principle agreement between the British Prime Minister, Boris Johnson, and his Australian counterpart, Scott Morrison, in June, ratified in a virtual ceremony. “The negotiators have now finalized all the chapters”, the British Department for International Trade said in a statement.

It is the first agreement reached by London that is not merely a renewal or adaptation of those that exist between the European Union (EU) and other countries.

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This would allow all British goods to enter Australia duty free. The text, to be submitted to Parliamentarians for consideration at Westminster, must arise “10.4 billion pounds [12,2 milliards d’euros] additional business , 100%. by abolishing the duty on [leurs] ‘export’,

In 2020, trade between the two countries amounted to £13.9 billion, which is just 1% of the UK’s total trade. But London hopes the deal will prove to be a game-changer.

it installs “New global standards in digital and services will create new work and travel opportunities for people in the UK and Australia”, underscores the British government. The United Kingdom boasts a text “Built specifically for the UK economy”, especially in areas where the country is “A world leader like technology and digital”,

British professionals in the service sector, including architects, lawyers or researchers, will have access to work visas in Australia. “This is more than any other country Australia has to offer in a free trade agreement”Welcome to the Ministry of International Trade.

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Join the Trans-Pacific Trade Treaty

this agreement “Increases our chances of joining the Trans-Pacific Trade Treaty (CPTPP)”, which brings together and weighs eleven countries in the Americas and Asia “8,400 billion pounds in GDP”, Karan Billimorian, chairman of CBI Employers’ Association, welcomes a settlement “Full and Modern”, Who “Opened new frontiers for British companies”,

The United Kingdom has already obtained agreements with the European Union, its biggest trading partners, Japan, New Zealand or even with European countries that are not members of the European Union – Norway, Iceland and Liechtenstein. ,

The country is in talks with India and in early October started talks for a free trade agreement with six Gulf Arab countries. It has also been seeking to strengthen its commercial ties with the United States, without being able to obtain a promise from Washington for some time.

Boris Johnson called for leaving the European Union, promising that Britain would have more economic potential than going it alone, explaining his concept. « Global UK », Where “Planet Britain”,

Greenpeace condemns a deal

The NGO Greenpeace, for its part, denounced a settlement for the text “Not published yet” and who will have “Not only with one of the worst impacts on the climate but with a country that is one of the main world centers of deforestation”, According to the NGO, the agreement goes against the United Kingdom’s environmental objectives, which aim for carbon neutrality by 2050.

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During negotiations between the two countries, the British agricultural sector was also concerned about competition from Australian products, such as beef and lamb, which are cheaper with more industrial farming with more flexible health standards.

To reassure breeders, London indicated that the text would provide a limit on imports into British soil without customs duties for fifteen years, especially through quotas. But the British government did not give details on the agricultural component in its statement on Thursday.

London and Canberra indicated that they wanted to deepen their cooperation on the security aspect as well, as evidenced by the partnership concluded between the United States, known as AUCUS, which awarded the contract for the purchase of French submarines. The cancellation provoked the anger of Paris. 55 billion euros worth with Australians.

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AFP. world with

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