Australia-United Kingdom Free Trade Agreement (A-UK FTA)
Australian producers, agricultural importers and exporters have exciting prospects for trade opportunities with the Australia-United Kingdom Free Trade Agreement (A-UK FTA) effective from 31 May 2023. Within 10 years, tariffs on agricultural goods under the FTA will be completely eliminated.
With the elimination of tariffs on 99% of Australian goods exported to the United Kingdom, including Australian farm exports, Australian producers and agricultural exporters will have the best access to the UK since the 1970s.
The deal includes the immediate elimination of all tariffs on wine, the majority of seafood (including tariffs on all finfish), short and medium-grain rice, honey, olive oil, nuts, and the majority of fruit and vegetables (including onions, oranges and grapes).
Furthermore, duty-free transitional quotas will also be established for the following products: beef, sheep meat, sugar, wheat and meslin, barley, dairy including cheese and butter, long grain and broken rice.
Improved market access to an otherwise premium and highly protected UK market gives Australian farmers more opportunities to provide sustainable, high-quality agricultural produce to British consumers and a strong competitive advantage over other trading partners.
The A-UK Free Trade Agreement is Australia’s most comprehensive agreement with any trading partner, second only to the FTA with New Zealand.
