Trade Agreements: Australia

(asked on 4th June 2021) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what assessment she has made of the potential effect of a free trade agreement with Australia on farmers and food producers in Wales.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 14th June 2021

The economic analysis, published on 17 June 2020, seeks to identify the potential scale of the long-term additional benefit to the UK from having a deal with Australia.

This deal is for the whole union. The Department for International Trade’s (DIT) Scoping Assessment found that Wales benefits in all modelled scenarios. Welsh foods and drinks producers will benefit from the removal of tariffs and non-tariff barriers. Any deal the Government signs with Australia will include protections for the agriculture industry and will not undercut UK farmers or compromise high standards.

DIT is establishing a trade hub in Wales as part of a new strategy to boost exports and bring the benefits of the Government’s global trade policy to the whole of the UK. Providing exporters with a direct feed into UK trade policy, to take better advantage of opportunities in fast-growing markets like the Indo-Pacific region.

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