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By The elimination of tariffs on Australian wine, and a tariff-free quota for beef will help exporters hit by sanctions in "This is the most comprehensive and ambitious free trade agreement that The agreement with Treasurer Speaking at a Reuters Breakingviews event, Frydenberg said Australian exporters have been "very effective in finding new markets for our products". Tariffs will be eliminated on 99% of Australian goods exported to An initial tariff-free quota for Australian beef of 35,000 tonnes will lead to the elimination of tariffs after 10 years. British businesses will be encouraged to invest in Analysis drawn up by Total goods and services trade between The deal adds only a small fraction to "This is just the start as we get on the front foot and seize the seismic opportunities that await us on the world stage," British Trade Minister The two nations forged an Indo-Pacific security pact, Aukus, with When the agreement in principle was announced earlier this year, British farmers complained it exposed them to competition from large-scale Australian meat producers that could squeeze out home-grown products. In addition to beef, Australian sugar and sheep meat will also benefit from initial tariff-free quotas, with all tariffs removed after eight and 10 years respectively. The final terms of the deal will be put before British parliament for scrutiny. ( (Reporting by
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