Deepali Kalia –
Australian Trade Minister, Dan Tehan said that Britain and Australia have reached a free trade deal, the details of which will be announced on Tuesday.
The agreement is Britain’s first since its departure from the European Union.
British Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison agreed on the deal during negotiations which were held in London, Mr Tehan said.
“Both prime ministers have held a positive meeting in London overnight and have resolved outstanding issues in relation to the FTA.” Mr. Tehan stated in a statement regarding the Free Trade Agreement.
“Their agreement is a win for jobs, businesses, free trade and highlights what two liberal democracies can achieve while working together,” Mr. Tehan added.
Mr Tehan informed that both the Prime Ministers will be making a formal announcement on Tuesday morning in London. The agreement is Australia’s 15th free trade agreement.
Australian Agriculture Minister, David Littleproud made the following statements regarding the matter:
“The details are being nutted out from the in-principle agreement that our two prime ministers were able to get to last night over dinner.”
“Our departments and the Trade Department are working through feverishly to make sure that an announcement can be made at our time tonight so that Australians will see exactly what is in that in-principle agreement.”