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UK-Australia Free Trade Agreement

05 January 2022

Lead MP

Anne-Marie Trevelyan

Debate Type

Ministerial Statement

Tags

EconomyTaxationTransportClimateBrexitBusiness & TradeStandards & Ethics
Other Contributors: 29

At a Glance

Anne-Marie Trevelyan raised concerns about uk-australia free trade agreement in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

EconomyTaxationTransportClimateBrexitBusiness & TradeStandards & Ethics
Government Statement
I am delighted to announce the signing of a comprehensive free trade agreement between the UK and Australia, marking the first new deal since leaving the EU. This agreement eliminates tariffs on 100% of UK exports, provides access to over £10 billion in Australian government contracts, benefits young Britons seeking opportunities abroad, and paves the way for UK accession to CPTPP. It is expected to increase trade with Australia by more than 50%, adding £900 million to household wages and boosting the economy by over £2 billion by 2035. The deal includes protections for animal welfare and environmental conservation, as well as provisions ensuring fair competition in various sectors including food and drink exports. It also supports climate change commitments, offering zero tariffs on low-carbon exports such as wind turbine parts and electric vehicles.

Shadow Comment

Nick Thomas-Symonds
Shadow Comment
The Labour Party welcomes trade deals that benefit UK workers and businesses but criticises the current agreement for inadequately protecting UK interests. The impact assessment shows a £94 million hit to farming, forestry, and fishing sectors, alongside a £225 million hit to semi-processed food industries. The shadow also highlights concerns over higher quotas on beef and sheepmeat imports, animal welfare standards, and the absence of explicit climate change commitments in line with Paris agreement objectives. Furthermore, questions were raised about scrutiny processes and formal involvement of devolved Administrations in ratification.
Assessment & feedback
Summary accuracy

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