Australia Opens Talks With U.K. Over Trade Deals Ahead of Brexit
- Morrison to improve relationship despite anti-trade sentiment
- Australia’s trade with the U.K. was worth A$27b in 2015-16
Australia's Ciobo: Not Expecting a Trump Trade War
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Australia will open talks in London this week with the U.K. over new trade and investment deals ahead of Britain’s withdrawal from the European Union.
Treasurer Scott Morrison said despite “growing international anti-trade sentiment” the federal government will look to improve the close relationship between Australia and the U.K. as Brexit takes shape. The value of Australia’s trade with the U.K. was A$27 billion ($20 billion) in 2015-16, split between A$12 billion in exports and A$15 billion in imports.