The Environment, Food and Rural Affairs (EFRA) Committee has launched an inquiry into the impact the Free Trade Agreement (FTA) the UK Government has signed with Australia will have on farmers, food producers, retailers and consumers.
The Government has said the arrangement with Australia will boost the economy by £2.3 billion and add £900 million to household wages in the long-run. It has further called it a gateway to the UK joining a wider trading arrangement – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
This Australia FTA is the first ‘new’ trade deal the UK Government has signed since leaving the European Union (EU), as opposed to ‘rolled over’ agreements based on former deals the UK had with different parts of the world when it was an EU member.
The inquiry will examine, among other things, the impact the agreement will have on consumers, farmers, food producers and retailers; whether the deal will reflect the UK’s commitment to high animal welfare and environmental practice; and the implications of the FTA for future trade deals with other parts of the world.
A message from the Editor:
Thank you for reading this story on our news site - please take a moment to read this important message:
As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.
With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.
As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.
As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.
Just click here to subscribe and in the meantime may I wish you the very best.
The voice of the industry With over 60,000 readers throughout the UK and Europe, Food & Drink International is the most comprehensive medium for your company. No other magazine can guarantee such high profile coverage
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.