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A trade deal with Australia would give the UK the green light to join the CPTPP

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There was a time in British politics last year when the term ‘Australia-style’ was deeply fashionable. As Prime Minister Boris Johnson sought to navigate the UK’s departure from the European Union and secure a Brexit deal, the prospect of trading with the EU on WTO terms – akin to that of Australia’s trading relationship with Europe – was considered likely and, in some quarters, profoundly favourable (despite Australia’s trade with the EU being far from a free trade arrangement).

Fresh from his success with the Europeans, Boris Johnson and his Government now have a unique opportunity to secure an ‘Australia-style’ deal with none other than Australia itself. However, an Australia-style deal this time round will have to be modelled on Australia’s existing free trade agreements (FTAs) with its plethora of other trading partners – trade deals which deliver a free trade environment.

This week, esteemed British and Australian negotiators entered the fourth round of bilateral trade talks. This is a once in a lifetime opportunity to formalise and solidify our trading relationship, remove barriers to trade and secure an........

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