A trade deal between the UK and Australia has been agreed between Prime Minister Boris Johnson and his counterpart, Scott Morrison. Downing Street said the new pact meant British products such as cars, Scotch whisky, biscuits and ceramics would be cheaper to sell to Australia.
The free trade agreement means it will cost less for British businesses to sell products like cars, Scotch whisky and confectionery into Australia, the U.K. government said Tuesday.
The move will boost U.K. industries that employ 3.5 million people across the country, it added. U.K. Prime Minister Boris Johnson said the deal was a “new dawn” for U.K.-Australian relations. However, there has been concern from UK farmers worried they may be undercut on price and standards.
The deal is the first to be built from scratch since the UK left the EU. It is seen as an important step towards the UK joining a wider Asia Pacific free-trade agreement.
Boris Johnson said in a statement: “Our new free trade agreement opens fantastic opportunities for British businesses and consumers, as well as young people wanting the chance to work and live on the other side of the world.”
