The provisions of the United Kingdom’s free trade agreements with Australia and New Zealand will enter into force as from 1 June, triggering major changes in the bilateral trading relationships between the countries.
UK Australia & NZ
The United Kingdom’s first ‘home-grown’ free trade agreements are set to enter into force ‘this spring’, after the final legislative barrier to the Australia and New Zealand free trade agreements was removed this week.
This week detailed – and interesting – new information emerged on the UK-New Zealand free trade agreement which is awaiting ratification. And the UK is now clearly on its own path with its trade remedies policy.
It’s January and everyone is back in business in the world of United Kingdom trade policy.
It’s a long edition of Week in London. But it’s worth the read as it indicates change is happening in post-Brexit Britain in relation to the country’s new trade policy.
UK trade activity is brisk again after a short pause following the passing of Queen Elizabeth II and her funeral on Monday.
It has been a generally quiet week for trade policy in the UK, with all parliamentary activity suspended in the run-up to the Queen’s funeral next Monday (19 September). But Northern Ireland continues to loom as an irritant between London and Brussels.
Parliament has been busy on trade this week.
Concerns about the UK government’s openness to scrutiny over the conduct of its trade policy re-emerged this week after the UK-Australia free trade agreement was ratified by default – without a vote, or even a debate, in parliament.
Here’s what’s been happening on trade policy in the United Kingdom this week.