Free Trade Agreement 'made from scratch' signed between Australia and the UK

Australian Prime Minister Anthony Albanese officially announced that  country's Free Tre Agreement (FTA) with Britain has passed through its parliament on November 22, on sidelines of 17th edition of G20 summit. same news was posted on Twitter account of PM Albanese with a photo that was ed at G20 and was captioned, "BREAKING: Our Free Tre Agreement with United Kingdom has passed through parliament." 

Free Tre Agreement between Australia and UK 

tre deal, which is  first 'from scratch' since UK's exit from European Union (EU), will benefit UK by eliminating most tariffs on UK exports and unlocking 10.4 billion pounds of ditional tre, as stated by ANI. official website of UK government said that deal, which was earlier agreed upon by UK Prime Minister in June, was signed on November 22 in a virtual format by UK International Tre Secretary Anne-Marie Trevelyan and on Friday morning will now be laid in UK Parliament for a period of scrutiny.  deal between two countries will generate new job prospects for businesses for both countries.

 In February 2022, UK also signed same kind of free tre agreement with New Zealand. Both deals will cover a number of areas such as tre in goods and services, rules of origin, technical barriers to tre, and government procurement. Furr, Australian Prime Minister Anthony Albanese announced on November 22 that Australian parliament has passed a Free Tre Agreement (FTA) deal with India as well. Last week, Australian Tre Minister Don Farrell mentioned that deal will empower both countries with enormous opportunities for Australian services companies and professionals accessing Indian market.