One of Australia’s supposed key demands for a free trade deal with the UK – their agreeing to buy our hormone-treated beef – is “almost impossible” for the UK to agree to, according to a new report by an anti-Brexit think tank.
The UK left the EU at the end of 2020, and according to the latest figures from the Office for National Statistics, Brexit has already led to a significant slump in trade between the EU and the UK... / Brexit supporters endorsed the idea of CANZUK – an alliance between the UK, Canada, Australia and New Zealand.
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.
Brexit Opportunities Abound – Part 2
17/02/2022
Continuing the letter to Jacob Rees-Mogg, reminding him – he seems to need reminding – of the many new opportunities created by Brexit.
'It is hard to predict how full Brexit would play out, because this scale of multiple simultaneous renegotiations of global trade agreements is unprecedented – and no country has ever left the EU. It certainly can’t be assumed that Britain is bound to get quick and good deals because it is a large economy.'
Australia has wanted the new agreement but, unlike Britain, has been in no screaming hurry for it. And, unlike Boris Johnson, the Australian Prime Minister faces no domestic political imperative to seal the deal.
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.
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.
Otto English dissects the disadvantages that a free trade agreement between the two countries would bring to the UK.
The UK’s trade agreement with Australia led to British farmers and associations voicing concerns about unfair competition and a lowering of food standards.