British soldiers based in Australia could be part of the next step to bringing the two military forces closer together. UK Armed Forces Minister James Heappey said stationing British troops in Darwin, where U.S. marines have a presence, was “not impossible” as his nation looked to expand its influence in the Pacific. “It comes up…
Historic Trade Deal With UK Starts in May: PM
Australian Prime Minister Anthony Albanese says the Free Trade Agreement with the UK begins at the end of May. During his current visit to the United Kingdom, Anthony Albanese announced that May 31 is the date of the commencement of the Free Trade Agreement, following the expected completion of UK domestic processes. Based on the…
Australia Strikes Pact With UK on Minerals, Rare Earths
Australia and the United Kingdom have pledged to boost the global supply of critical minerals needed to power a cleaner world economy. Australia is the world’s top producer of raw lithium and other crucial ingredients for electric cars, new energy equipment and advanced communications. But with China dominating the supply of purified critical minerals and…
Export Boost Near After UK Trade Pact Clears Hurdle
The free trade pact between Australia and Britain set to cut taxes on a range of goods has cleared a major hurdle. UK legislation to bring the agreement into effect has received royal assent, paving the way for the British and Scottish parliaments to implement the final piece of legislation needed to complete the process….
Australia’s Iconic Confectionary Darryl Lea to Expand in US and UK
Iconic Australian confectionery brand Darrell Lea, invented nearly a century ago in a small factory under the arches of the Sydney Harbour Bridge, is now working with Australia’s leading trade agency to expand its sales and product range beyond liquorice. The business is refreshing itself for the next century, having acquired and relaunched the Life…
Australia’s Iconic Confectionery Darrell Lea to Expand in US and UK
Iconic Australian confectionery brand Darrell Lea, invented nearly a century ago in a small factory under the arches of the Sydney Harbour Bridge, is now working with Australia’s leading trade agency to expand its sales and product range beyond liquorice. The business is refreshing itself for the next century, having acquired and relaunched the Life…
The Tyranny of Polling: The UK 1 Year After Brexit
Commentary Political editor Toby Helm, in discussing an Opinium survey, reports that one year after the United Kingdom left the European Union, more than “six out of ten voters believe Brexit has either gone badly or worse than they expected.” Interestingly, the poll results also indicate that “7 percent of Remainers think Brexit has gone…
Australia-UK Trade Deal Sees Nearly All Tariffs Removed for Aussie Exports
Australia and the United Kingdom have finalised a trade agreement that will remove nearly all tariffs on Australian goods to the country. Dan Tehan, Australian trade minister, and Vicki Treadell, UK high commissioner, formally signed the deal in Adelaide on Dec. 17, after an initial in-principle agreement was inked in June. This means that over…
Australia-UK Trade Deal Another Step Towards Diversification Away From China
June 16, 2021
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AustraliaAustralia-UK tradeBusinessChinaChina-Australia Relationseconomic coercionEconomiesInternationalUKWorld
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Leading export industry bodies—impacted by Beijing’s economic coercion tactics over the past year— have welcomed the signing of the Australia-UK free trade deal on Wednesday. Tony Battaglene, CEO of Australian Grape and Wine, congratulated the federal government’s efforts and hailed the free trade agreement as a “key milestone.” “The United Kingdom is an incredibly important…
Australia, UK Inch Towards Free Trade Deal As Prime Ministers Meet
June 14, 2021
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AustraliaAustralia-UK tradeBoris JohnsonBusinessEconomiesInternationalPrime Minister Scott MorrisonUKWorld
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Australia and the UK are inching towards finalising a free trade deal with leaders from both countries soon to announce an in-principle agreement. An in-principle agreement is a step-up from a Memorandum of Understanding and is legally enforceable, demonstrating the progress last-minute negotiations over the past six weeks are having. Australian Prime Minister Scott Morrison…
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