UK-Australia and Free Trade Agreement

Australia and UK signed a Free Trade Agreement (FTA) on December 17, 2021 (an in-principle agreement had been announced in June 2021).

The FTA, which will come into force in 2022, will drastically reduce tariffs on several Australian exports to the UK and reduce duties on a number of British commodities to Australia significantly, It will also make it easier for both Australian and British workers to work in each other’s countries under the working holiday scheme (WHS).