The Daily Telegraph
Britain to unveil bespoke trade deal with Australia
A TRADE deal between the UK and Australia is expected to be announced today following a meeting between Boris Johnson and his counterpart Scott Morrison last night.
The broad terms of Britain’s first bespoke post-brexit trade deal were agreed over a dinner with the Australian prime minister at No10, according to Sky News.
A sticking point in the negotiations had been Britain’s offer of tariff- and quota-free access for lamb and beef exports. However, Australia rejected the proposed 15-year transition period for UK farmers, calling for a five-year transition instead.
The proposed deal has been criticised by British farmers who claim it could ruin their business.
Emily Thornberry, the shadow international trade secretary, previously warned Mr Johnson against striking the deal, which could “decimate our farming industry” just “to prove a political point” about Britain’s post-brexit economic independence.
The Department for International Trade has repeatedly insisted any trade deals signed will not “undercut UK farmers or compromise our high standards”.