China News Service, December 14 According to a Reuters report, British Trade Secretary Truth said on the 13th that the trade negotiations between the UK and Australia are progressing smoothly.
According to reports, this is the UK's initial statement after the latest round of negotiations between the two sides.
According to reports, Truss said in a statement: "The negotiations with Australia are progressing smoothly." "We exchanged preliminary tariff preferences (conditions), and elaborated on investment, professional business services, and financial services. Technical discussions."
In 2019, the total trade in goods and services between the UK and Australia was 18.5 billion pounds.
The British government estimates that if a free trade agreement can be reached, it will increase British exports to Australia by 900 million pounds.
At present, the UK is still seeking to reach bilateral agreements with the United States, New Zealand and other countries, and preliminary agreements with Canada and Japan have been reached.