Australia is about to enter into a free trade agreement with the United Kingdom, where Scott Morrison will launch his first G7 summit in two years.
Farmers’ access to the UK has become an important issue in negotiations with British agricultural groups concerned about the flooding of Australian beef and lamb markets.
Australia has abandoned this claim, but the National Federation of Farmers estimates that 0.15 percent of all beef exports go to the United Kingdom.
Treasury Minister Simon Birmingham, who began negotiations when he held his trade portfolio, suggested that the deal was closed.
“It’s very close to the principle agreement on the terms of the free trade agreement between Australia and the United Kingdom,” he told Sky News on Friday.
Senator Birmingham said Australia considers access to agricultural markets to be crucial to any trade agreement.
“What we want is to have an absolutely as open market as possible for Australian commodities to enter without tariffs or quotas,” he said.
The Prime Minister will land in the United Kingdom early on Saturday morning at AEST, prior to the summit of world leaders in Cornwall.
After the G7, he meets British Prime Minister Boris Johnson in London, where trade negotiations are put on the agenda.
At the conference, Morrison will sit with other world leaders and attend sessions on health, economics and climate change during the weekend.
He is expected to meet US President Joe Biden, Japanese Prime Minister Yoshihide Suga, and South Korean Moon Jae-in.
“Australia has never been so important to stand at the table of the world’s largest liberal democracy and developed countries,” Morrison said.
“The pandemic and the recession it caused mean that like-minded countries and businesses need to work together to guide a global recovery in order to restore life and livelihoods.
“There are many things at stake for Australia, the region and the world.”
Morrison is not expected to make new climate commitments, but Australia is urged to support carbon tariffs on high-emission imports.
However, the Prime Minister believes that any form of carbon tariffs is against Australia’s national interests.
Morrison is keen to focus on future pandemics, business-led growth, free and fair trade, and preparation for an order based on international rules.
Prior to the meeting, the Prime Minister met directly with Singapore’s Prime Minister Lee Hsien Loong.
Singapore is expected to be the second country to establish a non-quarantine travel bubble with Australia after New Zealand, but new arrangements remain months ahead.
The Prime Minister of Singapore said the travel bubble would not be approved until the majority of the populations of both countries were vaccinated.
Australia lags behind Singapore in the vaccination process, completely immunizing less than 3 percent of the adult population.
Just under half of Singapore’s 4.7 million population is fully vaccinated at both doses.
Australian PM arrives in UK ahead of G7 Source link Australian PM arrives in UK ahead of G7