Trade Agreements: Australia

(asked on 13th October 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if she will make an assessment of the economic impact of the Australia–United Kingdom free trade agreement from 31 May 2023.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 23rd October 2023

The Department’s impact assessments of the UK-Australia and UK-New Zealand Free Trade Agreements (FTAs) were published on 16th December 2021 and 28th February 2022 respectively. These impact assessments set out the potential long-run incremental economic impact of these FTAs and are available on gov.uk. As the agreements only entered in force since 31st May 2023 it would not be credible or proportionate to assess the economic impact to date.

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