Summary
[Britain and Australia reached a free trade agreement]On June 15, local time, the UK and Australia reached a free trade agreement. This is also the first trade agreement that the UK negotiated from scratch and finally reached after Brexit. British Prime Minister Johnson said that the tariff-free agreement makes British cars, Scotch whiskey, biscuits and other goods cheaper. At the same time, the agreement also provides opportunities for British businesses, consumers and young people who want to live on the other side of the world. (China Business News)
On June 15th, local time, the UK and Australia reached a free trade agreement. This is also the first trade agreement that the UK has negotiated from scratch and finally reached after Brexit.
British Prime Minister Johnson said that the tariff-free agreement makes British cars, Scotch whiskey, biscuits and other goods cheaper. At the same time, the agreement also provides opportunities for British businesses, consumers and young people who want to live on the other side of the world.
In 2020, the United Kingdom is Australia’s fifth largest trading partner, with a trade volume of 13.9 billion pounds (approximately RMB 125.25 billion).
(Source: China Business News)
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