Trade minister Dan Tehan and UK trade secretary Liz Truss have agreed much of a free trade deal during talks in London last week. In a joint statement, the two trade ministers announced reaching “a consensus on the vast majority of elements of a comprehensive free trade agreement”. The issues remaining are protections for British farmers and increased mobility between nations for workers. Negotiations will enter a sprint to reach a final agreement in principle by June, with the trade ministers to speak via video link every Friday until a deal is done.
If negotiations are fruitful in the upcoming weeks, Australian prime minister Scott Morrison and his British counterpart Boris Johnson could sign an agreement at the side lines of the G7 Summit held in England in June.