Question
To ask His Majesty's Government, further to the remarks by the former Secretary of State for Environment, Food and Rural Affairs, the Rt Hon George Eustice MP, on 14 November (HC Deb, cols 424–6), what plans they have, if any, to review the terms of the trade agreement with the government of Australia.
Answer
The UK-Australia Free Trade Agreement gives British companies unprecedented access to the Australian market. It is expected to increase trade with Australia by 53% and grow our economy by up to £2.3 billion in the long-run.
The Government is taking the necessary steps to bring this agreement into force as soon as possible so businesses can reap the many benefits. The Trade (Australia and New Zealand) Bill is currently proceeding through Parliament.