Queensland agricultural industry representatives have welcomed the long-awaited announcement that talks by Prime Minister Anthony Albanese in the UK have been successful. The Australia-United Kingdom Free Trade Agreement will come into effect on 31 May.
According to National Farmers Federation vice president David Jochinke, they welcomed this announcement: “The Free Trade Agreement improves access to an important market for Australian farmers and will allow them to diversify their markets. It will importantly give UK customers the option of sustainable, high quality Australian produce on supermarket shelves to complement their existing home-grown options. ”
The agreement will eliminate tariffs on over 99 per cent of Australian goods to the UK.
“It includes elimination of all tariffs on wine, medium and short grain rice, honey, most seafood, processed foods, nuts, fruit and vegetables. … The deal also establishes enhanced cooperation on key regulatory issues, including biosecurity, animal welfare and antimicrobial resistance.”
Source: bundabergtoday.com.au