Brexit LIVE: Boris Johnson on ‘final sprint’ to sealing £20billion Australian trade deal

India trade deal ‘not possible’ without Brexit says Liz Truss

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Prime Minister Boris Johnson and his Australian counterpart Scott Morrison held a call to discuss progress on a deal that will secure around £20billion of trade annually. Express.co.uk understands the discussions between the two leaders were positive with Mr Johnson expressing “proudness” of the new Brexit freedoms Britain has to sealing “unique trade opportunities.”

A Downing Street spokesman, added: “The leaders welcomed the progress made towards securing a comprehensive Free Trade Agreement, which will create jobs and increase prosperity in both countries.”

Mr Morrison will head to Cornwall for the G7 summit in mid-June where he is expected to put the trade deal on paper with Trade Secretary Liz Truss.

Australian authorities say two-way goods and services trade between Australia and the UK was valued at £17 billion in 2018-19, but UK officials say the 2021 deal is worth significantly more.

Under the deal, this publication understands products such as Scottish Whisky can be exported to Australia tariff-free in a boost to producers.

 

Brits will also benefit from cheaper Aussie wine due to lower tariffs, a popular product in the UK.

David McCredie, CEO of the Australian British Chamber of Commerce, said: “We are now in this five-week sprint to get that heads of agreement piece, so they are trying to knock over as much as they can, negotiating every night.

“There is real momentum to deliver an outcome.”

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8am update: UK plans to phase in Irish Sea border checks from October 

Britain is proposing to phase in new Irish Sea border checks on food products in four stages from October, the BBC reported, citing a document London has shared with the European Union on implementing the Brexit deal.

After the United Kingdom left the European Union’s single market at the start of this year, checks and tariffs were introduced on some goods moving from mainland Britain to Northern Ireland as the province now borders the bloc via EU member Ireland.

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