The UK’s trade deals with Australia and New Zealand have come into force. The agreements are the first trade deals negotiated post-Brexit to enter into force and come after the UK, Australia, and New Zealand completed their domestic ratification processes.
Under the trade deals’ terms, as of today, tariffs on all UK goods exports to Australia and New Zealand will be removed. This means access to these markets for services will be unlocked and red tape slashed for digital trade and work visas.
To mark the occasion, international trade minister Nigel Huddleston will tour DHL’s Southern Distribution Centre near Heathrow to see off two handpicked consignments of UK goods. The parcels will include an England cricket top signed by James Anderson and Emma Lamb, a Wales rugby shirt signed by the men’s team, and a tennis racket from Gray’s of Cambridge.
Ministers say that alongside the new trade deals, young Brits will also benefit from opportunities in Australia thanks to the expansion of the shared Youth Mobility and Working Holiday Maker visa schemes.
Source: cambridge-news.co.uk