Details of UK-Australia post-Brexit trade deal 'being finalised now'

15 June 2021, 07:42

Australian PM Scott Morrison and Boris Johnson are understood to have agreed on a deal over dinner on Monday night
Australian PM Scott Morrison and Boris Johnson are understood to have agreed on a deal over dinner on Monday night. Picture: PA Images
Ewan Quayle

By Ewan Quayle

The details of a UK-Australia trade deal are "being finalised now" and will be revealed on Tuesday, a senior Australian minister has said.

The two countries have reportedly agreed the broad terms of the post-Brexit agreement, with Australian Agriculture Minister David Littleproud telling reporters more information will presented in London at around 9am on Tuesday.

"Both prime ministers will come together in London to make sure that they can announce it, but the details of that are being finalised now," Mr Littleproud said.

READ MORE: Nick Ferrari challenges trade secretary over UK-Aus deal amid fears for British farming

READ MORE: Lord Frost urges 'common sense' ahead of EU showdown amid trade war threats

"It's important to get this right. As the Prime Minister said, we don't need to rush this, but we've been able to leverage the strong relationship we have with the UK to get to an in principle agreement, but those details have to be finalised in the coming hours.

"But that's an exciting thing for not only Australian agriculture, but for our economy."

Prime Minister Boris Johnson and his Australian counterpart Scott Morrison were said to have agreed the pact over dinner in Downing Street on Monday.

It is the first deal negotiated from scratch after the UK exit from the EU
It is the first deal negotiated from scratch after the UK exit from the EU. Picture: PA Images

Downing Street did not deny the reports and, if confirmed, the agreement would be the first trade deal negotiated from scratch since the UK's departure from the European Union.

The Australian Broadcasting Corporation reported Australian Trade Minister Dan Tehan, who held talks in London earlier this year with International Trade Secretary Liz Truss, calling the pact a "win for jobs, businesses, free trade and highlights what two liberal democracies can achieve while working together".

READ MORE: 'No breakthroughs' on EU-UK talks over sausage ban

Australian British Chamber of Commerce chief executive officer David McCredie tweeted the deal would create "many great opportunities for trade, investment and collaboration".

But industry leaders have raised concerns over possible compromises on food standards, while farmers fear they could be undercut by cut-price imports.

Some farmers and ministers have protested parts of the UK-Australia trade deal over the impact it could have on British agriculture
Some farmers and ministers have protested parts of the UK-Australia trade deal over the impact it could have on British agriculture. Picture: PA Images

A split in the Cabinet also appeared between Ms Truss and Environment Secretary George Eustice, who has concerns about the impact on farmers.

Cabinet Office minister Michael Gove, meanwhile, harbours fears a deal could fuel demands for Scottish and Welsh independence.

But former Australian prime minister Tony Abbott, who sits on the UK Board of Trade, told GB News he was confused "that so many people in Britain are always running the country down".

"Britain can cope. And a trade deal with one of Britain's friends ... that's no threat to the people of Britain, this is going to help the people of Britain," Mr Abbott added.

More Latest News

See more More Latest News

The King and Queen have wished the racegoers the "best of luck" in chasing the "thrill of a Royal Ascot winner".

King and Queen wish Royal Ascot attendees 'best of luck' chasing race winner

Chris Marriott, 46, was helping a woman when they were driven over by a Seat Ibiza car in Sheffield

Father killed by car used 'as a weapon' as he tried to help stranger, jury told

Rugby Union player Connor Garden-Bachop has died at the age of 25 after a 'medical event', New Zealand Rugby has confirmed.

New Zealand rugby player Connor Garden-Bachop, 25, dies after 'medical event'

Mr Sunak was joined by Foreign Secretary David Cameron for the first time on the campaign

Flock of sheep flee as Rishi Sunak and David Cameron try to feed them

Olympic athletes ‘could die of overheating’ due to 'dangerous temperatures' at Paris 2024 Games

Olympic athletes ‘could die of overheating’ due to 'dangerous temperatures' at Paris 2024 Games

Comedian Victoria Vera Blyth was killed by her husband David Thomas Blyth

British businessman shoots his TV star wife dead in murder-suicide after 'row over her text messages' at Turkey home

Tattooed woman in black hunted by police after schoolboy, 12, was brutally attacked during attempted robbery

Tattooed woman in black hunted by police after schoolboy, 12, is attacked walking home from school

A decision not to charge police officers involved in the original Stephen Lawrence murder investigation has been upheld by the Crown Prosecution Service (CPS).

Stephen Lawrence murder detectives will not face prosecution, CPS announces

Justin Timberlake has been arrested for “driving while intoxicated”

Justin Timberlake arrested for 'driving while intoxicated' in wealthy Hamptons enclave

Three children went missing after a day at Thorpe Park

Three children missing after day out at Thorpe Park found safe and well by police

Exclusive
Keir Starmer responds to callers about Palestine.

Starmer says he would take 'full part' in resolving Israel Gaza conflict, pledging to recognise Palestine as part of two-state solution

Former footballer Joey Barton has apologised to Jeremy Vine for defaming him on social media and agreed to pay £75,000 in damages.

Ex-footballer Joey Barton apologises to Jeremy Vine and pays £75,000 in damages over defamatory posts

SAS doctors have accepted a pay offer from the government

SAS doctors accept new pay offer from government after months of negotiations

British teen missing in Tenerife after desperately calling friends from 'the middle of nowhere' on night out

British teen missing in Tenerife after desperately calling friend from 'the middle of nowhere' after night out

Labour Party leader Sir Keir Starmer during LBC's Nick Ferrari at Breakfast

'We would seek a better agreement' Keir Starmer tells LBC where he thinks "botched" Brexit deal can be improved

Labour Party leader Sir Keir Starmer during LBC's Nick Ferrari at Breakfast show

Keir Starmer defends plan to repeal law protecting veterans from prosecution due to ‘lack of support’ in NI