Australia knocks UK Brexit trade plan

Image copyright
AFP/Getty Images

Australia has criticised the UK’s post-Brexit trade plans to split quotas of food imports from around the world.

EU rules allow for a certain amount of goods to be brought in from countries outside of the Union without charging full tariffs.

After Brexit, the UK and EU want to split these quotas, based on where the goods are mostly consumed.

But Australian trade minister Steven Ciobo said it would impose unacceptable restrictions on their exports.

He told BBC Radio 4’s Today programme: “The point is that you have a choice about where you place your quota at the moment.

“Therefore, given that you could put it in the UK or you could put it into continental Europe, why would we accept a proposition that would see a decline in the quota available because of the Brexit decision?”

The US, New Zealand, Brazil and Canada are also said to have their doubts about the new deal, believing it could hit them financially.

A spokesman for the UK’s Department of International Trade told Today the government wanted to minimise disruption to trading relationships and would engage with other members of the World Trade Organisation in an “open, inclusive way”.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *