Commenting on the announcement of strengthening future trade arrangements with Australia, Stephen Phipson, CEO of Make UK said:
“Achieving future preferential trade arrangements with Australia is welcome. The Agreement in Principle will provide a roadmap towards the final FTA, strengthening trade opportunities which will ensure that British manufacturing benefits from future positive flows of goods and services into the Australian market.
“This agreement will take the UK and Australia closer to a finalised free trade agreement and we look forward to working with Government to deliver maximum benefit from the new and closer relationship.”