Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By John Redwood's Diary
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Back the Australian trade deal

% of readers think this story is Fact. Add your two cents.


The Uk has now rolled over the EU deals with other countries as promised in the referendum. The draft Australian Free Trade Agreement could be the first of the new UK negotiated deals, which will go much further than the EU went in opening up opportunities for more trade and business activity. The Australian one will go some way to restore the losses we experienced with Australia thanks to EU protectionism against them. Australia is a key ally and partner, a fellow member of the 5 Eyes Group and a willing collaborator. For example, Australia is buying the rights and support to build  9 Type 26 UK designed  frigates.

The Agreement will sweep away tariffs and quotas, and open up services. It will provide great opportunities for the UK dairy industry to sell more UK cheeses, the whisky industry to sell more drink and the  car industry to sell more vehicles. UK consumers will have access to some great Australian products at cheaper prices, with a likely rise in interest in Australian wines as one of the  consumer wins.

Some now say we need to offer protection to our beef and sheep meat sectors through tariff quotas to limit the amount of product Australia can sell us at better prices. To argue in  this way is to seek to wreck the agreement. Australia has rightly  not signed Free Trade Agreements with any country whilst accepting tariff rate quotas. The people who think the UK needs this protection from food produced on the other side of the world did not of course offer any such protection from EU food products, where we have tariff and quota free food trade and plenty of EU imports. It is difficult to believe our beef and sheep meat sectors will lose out to Australia given the distances involved and the relative costs. Australia has  high standards of animal welfare and husbandry. UK beef and sheep meat are quality products with plenty of scope for us to export more and to sell more at home.

We owe it to ourselves and to Australia to do this deal. When we joined the EEC we turned our backs on Australia and other Commonwealth allies, placing heavy barriers in the way of their exports to us to give a big advantage to European product. Australia is a willing friend keen to promote our joint interests by freer trade. Doing a deal with Australia also gets us closer and sooner to a deal with CPTPP, the Pacific partnership countries. That is another large prize, a free trade deal with the fastest growing part of the world.


Source: https://johnredwoodsdiary.com/2021/05/19/back-the-australian-trade-deal/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.