UK, Australia Agree on ‘Vast Majority’ of Free Trade Agreement

UK, Australia Agree on ‘Vast Majority’ of Free Trade Agreement
Britain's International Trade Secretary Liz Truss reacts as she arrives in Downing Street in London on Oct. 19, 2020. Tolga Akmen/AFP via Getty Images
Alexander Zhang
Updated:

The UK and Australia have reached a consensus on the “vast majority” of the elements of a comprehensive free trade agreement, the Department for International Trade said on Friday.

“Both countries are confident that the remaining issues will be resolved, and will now enter a sprint to agree the outstanding details with the aim of reaching agreement in principle by June,” said a joint statement released after two days of talks between UK International Trade Secretary Liz Truss and Australian Trade Minister Dan Tehan in London.