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The UK government has today introduced a new bill, which will help bring into force the Australia and New Zealand Free Trade Agreements (FTAs), the UK’s first independently negotiated FTAs in more than 50 years.
The UK signed the Australia FTA in December last year and the New Zealand FTA in February. Both deals will deliver benefits to people, businesses and communities throughout the country and support the levelling up agenda.
- Bill will ensure Government is ready to enter the two trade agreements.
- UK businesses can grow and take advantage of greater access into these markets.
- Both the Australia and New Zealand deals will remove tariffs on 100 percent of UK goods exports, benefiting UK businesses.
Introducing this Bill is an important step in ratifying these trade agreements so that UK businesses can begin benefiting and expanding their trade with Australia and New Zealand as soon as possible.
Link to full press release New Bill to enable implementation of Australia and New Zealand trade deals - GOV.UK (www.gov.uk)
Link to Parliamentary Bill Trade (Australia and New Zealand) Bill publications - Parliamentary Bills - UK Parliament
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