These new agreements will create new opportunities for trade diversification and great outcomes for Australian business and Australian families.” “New trade agreements with India and the UK will strengthen our existing trade and economic relationships. Quotes attributable to the Prime Minister, Anthony Albanese: The ECTA and A-UKFTA will enter into force 30 days (or another mutually agreed time) after the respective parties have confirmed in writing that they have completed their domestic requirements. The A-UKFTA will deepen our already strong economic relationship with the UK and offer greater opportunities for our businesses to diversify their trade markets. The Australia-United Kingdom Free Trade Agreement (A-UKFTA) is the first full trade agreement the UK negotiated from scratch following Brexit. The Australia-India Economic Cooperation and Trade Agreement (ECTA) is a great opportunity for Australian businesses as it will open up new markets to reach around 1.4 billion consumers in the world’s fastest growing major economy. The Albanese Government has worked hard to expeditiously advance all processes necessary, to ensure Australia is in a position to implement both free trade agreements before the end of 2022. Australian exporters, businesses, workers and consumers will soon be able to reap the opportunities and benefits of more open trade with India and the United Kingdom with today’s passage of implementing legislation through the Parliament.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |