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Britain and Australia announce free trade deal, Johnson hails 'new dawn'

Britain and Australia announce free trade deal, Johnson hails 'new dawn'

Gulf Times
Tuesday, June 15, 2021 11:40:32 AM UTC

Britain's Prime Minister Boris Johnson (R) talks with Australia's Prime Minister Scott Morrison during their meeting at 10 Downing street in central London

* UK PM Johnson hails ‘new dawn’ in Anglo-Australian relations * Deal cuts all tariffs on UK goods imports into Australia * UK says deal protects British farmers * Agreement likely to yield small boost to UK economy Britain and Australia announced a trade deal on Tuesday that will eliminate tariffs and red tape, hailed by British Prime Minister Boris Johnson as ‘a new dawn’ in the two countries' relations. The British government sees the deal as an important piece of its post-Brexit trade and diplomatic strategy to shift the country's economic centre away from Europe and seek out new opportunities in higher-growth Indo-Pacific nations. Australian Prime Minister Scott Morrison and Johnson overcame sticking points during talks after the Group of Seven meeting in Britain over the weekend, which Morrison attended as a guest.
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