UK-Australia free trade agreement: benefits for the UK
Summary document giving an overview of the benefits for the UK from the UK-Australia free trade agreement. The main elements of a trade deal have been agreed.
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This document explains some of the benefits for consumers and business of the trade agreement. Both sides have agreed the core elements of the trade agreement.
The key benefits include:
- tariff free trade for all British goods
- easier for Brits to travel and work in Australia
- lower prices and more choice for British shoppers
- enhanced access for British tech companies
- greater opportunities for UK professionals in Australia
- boost for UK services industries
- slashing red tape for entrepreneurs and small business
- access to billions of pounds worth of procurement contracts
- stronger cooperation on shared challenges
- paves the way to CPTPP