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Allies of UK trade secretary Liz Truss accused of launching an ‘unprovoked attack’ on Dan Tehan on the eve of their meeting.
The tenth round of Australia – European Union Free Trade Agreement (Australia -EU FTA) negotiations took place virtually from 9 – 19 March. Through more than 60 video conferences, we made substantive progress on a range of issues across the FTA and engaged on our respective market access interests.
Today marks 100 days since Brexit properly happened in the UK - with seamless trade and EU rules replaced by a weighty trade deal.
The UK’s post-European Union (EU) membership trade negotiations mean that Brexit is anything but the finished article.
African leaders met on Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.
The future of the recently signed trade agreement between the UK and Kenya seems increasingly uncertain as MPs and a group of farmers in Nairobi are threatening to shoot down the pact.
Britain’s trade with the EU has been hit by higher costs, delayed shipments and reduced freight volumes since the new economic relationship started on January 1.
Move comes amidst complaints of red tape from businesses and despite government producing similar reviews of other trade agreements signed.
More than 15,000 direct and indirect jobs are currently being affected negatively due to the failure of Ghana and UK to sign a post Brexit trade agreement that allows Ghanaian fruit producers’ tariff free access to the UK market as exists under the Economic Partnership Agreement (EPA).
Kevin Rudd (former Australian PM) - The idea the U.K. could do a quick FTA with India post #brexit is “the biggest bucket of bollocks” I've heard from the brexiteers so far.
There's been a lot of talk about free trade in the Brexit debate, but what exactly is a free trade agreement and how does it differ from what the UK has had with the EU?
Government has not left enough time for promised scrutiny, ministers admit.
15 EU trade agreements with third countries, including Canada and Turkey, still not rolled over by Britain with just 50 days until UK leaves post-Brexit transition.
Preparing Brexit: How ready is the UK? is our second report examining government and business preparations for the end of the transition period, building on Preparing Brexit: The scale of the task left for UK government and business, published in July.
These estimated benefits are relative to 2018 when the UK (as part of the EU) had no FTA with Japan.
There is an obvious flaw in advocating Brexit on the basis that it’s less costly than the worst pandemic the world has faced in a hundred years. But this aside, the claim Covid-19 is a bigger economic shock than Brexit deserves further interrogation.
Now, the country risks becoming an also-ran, losing its easy access to the huge EU common market, unable to strike a groundbreaking deal with the United States and on the brink of a trade fight with China.
The EU and UK can’t agree on the best approach to state aid rules. However, it’s in the best interests of both parties to compromise on the issue.