Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

UK Brexit: Furious farmers lash out at Australia trade deal with stinging criticism of Liz Truss
Daily Express ^ | 27 January 2022 | Dan Falvey

Posted on 01/27/2022 5:24:01 AM PST by Cronos

LIZ TRUSS's free trade pact with Australia faced renewed criticism from farmers today as they attacked the agreement for not being "a particularly good deal".

The National Farmers Union (NFU) claimed the deal with Canberra would open the floodgates for imports. Under the terms of the agreement, quotas on imports from Australia such as meat will be phased out over 15 years.

It means in the future there will be no limit on agricultural products shipped to Britain from Down Under.

However, the NFU's director of trade and business strategy, Nick von Westenholz, said that while there would be an influx in imports, there was very little chance of an increase in UK agriculture goods sent abroad.

"The upsides of this deal for British agriculture are very limited," he told peers on the international agreements committee.

"By and large, Australia is a massive net exporter in agricultural products and in food.

..."There are areas of liberalisation as a result of this deal but it doesn't really create many opportunities we can identify.

"But it does of course significantly liberalise over a period of year, completely liberalise agricultural goods from Australia into the UK, which poses a risk for UK farmers, so there's limited upside and potential significant downside."

(Excerpt) Read more at express.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; United Kingdom
KEYWORDS:
Like any trade deal, there are winners and losers.

British farmers can't compete with the economies of scale for Australian and American (and south American, Asian etc.) farmers.

Welsh mutton is significantly more expensive than New Zealand lamb - even if the latter is shipped half a world away. Ditto for Beef -- Ozzie ranches are huge -- At a sprawling 23,000 square kilometers (14,000 square miles), the Anna Creek Station in South Australia -- it's the same size as New Jersey

1 posted on 01/27/2022 5:24:01 AM PST by Cronos
[ Post Reply | Private Reply | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson