Uk Aus Trade Agreement

21 interviewees considered customs procedures a priority in a free trade agreement with Australia. Most of the comments focused on minimizing regulatory effort by calling for improved overall speed of custom handling services and to keep red tape to a minimum. Proposals included the use of the integrated freight system or another electronic/online system. Several respondents called for a reduction in customs requirements, for example. B limited to the certificate of origin, especially for food. The parties also referred to the WTO Agreement on Trade Facilitation, which provides for effective cooperation between customs and other relevant authorities on trade facilitation and tariff compliance. The recommendation was to build on this agreement by standardizing approaches to customs legislation to ensure the safety of traders. One of the concerns expressed by some Australian wine producers has been the impact of possible queues and delays at UK borders and ports following the UK`s exit from the EU, given that the UK is currently the Central European hub for the flow of Australian wine exports across Europe. Seven interviewees raised concerns with customs procedures.

Comments included the impact on supply chains “just in time” once the UK left the EU, with the potential for delay in acquiring or transferring components abroad, resulting in a high level of storage and inefficiency. RoOs are a key element of any trade agreement, as it defines the products that can benefit from the liberalization achieved in the agreement. They also ensure that only products from countries parties to the agreement benefit from lower tariffs. Appendix E contains descriptive statistics describing the characteristics of workers in sectors where employment is likely to change as a result of the agreement. 38 degrees: presentation of the DIT consultation on future trade agreements The results of the comprehensive approach can be interpreted as an estimate of the long-term economic impact of the free trade agreement against a baseline, which is generally assumed to be about 15 years from the implementation of the agreement. With regard to trade assistance, one person expressed concern that British businesses are vulnerable to dumping.