Markets and Trade
AreaAustralia
Commodity GroupMeat
CommodityAll
Date31/05/2023
Policy CategoryTrade
Policy InstrumentTrade agreement
DescriptionAnnounced the entry into force of the Australia-United Kingdom of Great Britain and Northern Ireland (the United Kingdom) trade agreement, which was signed on 17 December 2021. Under the agreement, Australian bovine and ovine meat exports will enter the United Kingdom under a new tariff-rate quota (TRQ) regime, which will gradually be increased over a ten-year transition period. Exports within the TRQ will enter free of tariffs. There will be no TRQ after Year 10, but a volume safeguard provision will be applicable until the end of Year 15.