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The EU has leapt ahead of the UK in the pursuit of free trade deals with Australia and New Zealand after member states gave the green light for talks to start within weeks.
The Australian Trade Minister Steven Ciobo confirms to MEPs that a trade deal with the EU will be prioritised over one with the UK.
Goods dispatched in coming days may not arrive until after 29 March deadline.
So is there a business case for CANZUK as a primary relationship for any of these four countries? Let’s look at where our potential partners currently sell goods and services.
Australians want the UK to do well. But there’s no way free trade with us or others can make up for the hit of leaving the EU.
'For Britain’s economic self-interest, as well as the wider political interests of the western community of nations, Britain should remain in the EU', Kevin Rudd argues
How Britain resolves — or fails to resolve — Brexit and the terms of its divorce from Europe, is of more than passing interest to Australia.
Australians have had their fair share of political turbulence in recent years but, as Nick D Miller explains in a new book ,'Do They Mean Us?', many Down Under simply cannot understand Britain's act of self-sabotage.
Increasingly, doing business with China involves a certain loss of sovereign power. / No matter how appealing a trade deal between Britain and China, it comes with costs. For a start, greater trade with China invariably means larger trade deficits.
The EU has in place, or is negotiating, trade agreements with countries and regions around the world.
BRITONS are turning to Queensland to escape the Brexit blues, with new figures showing a spike in the number of UK property seekers searching for a piece of paradise in the sunshine state.
FORGET visas, cheap Europe trips and free trade. There is one fear that dwarfs all others for Australia, and it’s looking more likely as Brexit turns sour. / GLOBAL security, trade and the stability of the international system could take a body blow if Britain crashes out of the European Union (EU) in a bitter “no deal” scenario.
The Coalition's internal climate war risks damaging the economy after Europe declared it would reject a $15 billion trade deal with Australia unless the Morrison government keeps its pledge to cut pollution under the Paris accord.
Brexit party leader labels Duke of Sussex ‘terrifying’ while disparaging Queen Mother in Sydney CPAC speech.
World View: Suggestion that likes of US, Australia offer alternative to EU is fantasy. / If the success of a political idea turns on its power to instil hope or optimism in its adherents, then, in its early years, Brexit was a colossal failure.
Open letter from group representing 4m western firms outlines ‘grave concerns’.
Australia and the European Union (EU) launched negotiations for a free trade agreement (FTA) on 18 June 2018. As a bloc, the EU is Australia's second largest trading partner, third largest export destination, and second largest services export market. The EU was Australia's largest source of foreign investment in 2018.
Australian citizens could get freedom of movement rights denied to EU nationals after Brexit, international trade secretary Liz Truss has suggested.
"I do worry that people are starting to imagine that a trade deal with Australia is somehow a substitute for being on the doorstep of a market with 500 million people, it's not" says former Australian PM Julia Gillard.
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How much longer can the United Kingdom and the United States continue to be part of the Five Eyes alliance under their current governments?
Malcolm Turnbull said a UK trade deal with Australia would not replace the benefits of being inside the world's largest trading bloc.
"The reality is that half of your trade goes to the EU. Britain’s trade with Australia is a very small percentage.”