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FTA between UK and Australia: a short update
In the official website of the Australian Trade Department it is stated that: “…During his visit to the United Kingdom, Prime Minister Anthony Albanese announced 31 May as the date of entry into force of the Australia-United Kingdom Free Trade Agreement (A-UKFTA), following the expected completion of UK domestic processes…”; this statement is alligned with the HMRC website for which: “…These are the trade agreements that businesses can use soon, but that are not yet in force. Once an agreement is reached, it is signed and then scrutinised by Parliament. Following this, the agreement can then be ratified. Only when this is complete, and any implementing legislation has been passed,…