A post-Brexit UK-Australia free trade deal has been agreed between the countries.
Last night Boris Johnson and Australian Prime Minister Scott Morrison agreed the broad terms of the agreement over dinner meeting at No.10.
The British government had been keen to strike a free trade deal with Australia by the end of June, to demonstrate its capability of forging new economic opportunities having left the European Union.
Australia’s minister for trade, Dan Tehan said:
“Both prime ministers have held a positive meeting in London overnight and have resolved outstanding issues in relation to the Free Trade Agreement, a formal announcement with more details will be made later.”
The deal is intended to significantly increase the volume of trade between the two countries above the existing £20billion.