AreaUnited Kingdom of Great Britain and Northern Ireland
Commodity GroupMeat
CommodityAll
Date16/12/2021
Policy CategoryTrade
Policy InstrumentTrade agreement
DescriptionSigned an agreement with Australia for a Tariff Rate Quotas (TRQs) system on importing bovine and ovine meat over a transition period. TRQs are set at 35 000 tonnes for bovine and 25 000 tonnes for ovine meat, increasing at regular annual increments over ten years to reach 110 000 tonnes for bovine meat and 75 000 tonnes for ovine meat. Any product exceeding this quantity will be subject to the UKs MFN (most favoured nation) tariffs. From years 10 to 15, there will be product-specific safeguards, which in effect increase the tariff-free bovine imports incrementally to 170 000 tonnes and ovine meat to 125 000 tonnes by Year 15, with a 20 percent tariff on any imports that exceed this quantity.
