Australia ratifies free trade deals with India and Britain

Nov 21, 2022, 6:48 PM | Updated: Nov 22, 2022, 6:31 am
FILE - Fish meat is sold at a shopping center in Sydney, Australia on July 27, 2022. Australian bil...

FILE - Fish meat is sold at a shopping center in Sydney, Australia on July 27, 2022. Australian bilateral free trade agreements with India and Britain entered the Senate on Tuesday, Nov. 22, 2022 with the government pushing to have both deals secured this year. (AP Photo/Mark Baker, File)

(AP Photo/Mark Baker, File)

CANBERRA, Australia (AP) — Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, leaving those partner nations to bring the deals into force.

The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union.

The bills easily passed the House of Representatives on Monday and the Senate made them law on Tuesday.

The deals need to be ratified by the respective British and Indian parliaments before they take effect. Neither nation has yet done that.

Trade Minister Don Farrell said India had demonstrated its commitment to the bilateral economic partnership through the quality of the deal struck.

“Closer economic ties with India are a critical component of the government’s trade diversification strategy,” Farrell said.

Farrell said the British deal was “crucial to boosting our growth.”

Under the Australia-Britain deal, more than 99% of Australian goods exports will be duty free, including sheep meat, beef, dairy, sugar and wine.

Taxes on 90% of Australian goods exported to India including meat, wool, cotton, seafood, nuts and avocados will also be removed.

Prime Minister Anthony Albanese discussed the deals with Indian Prime Minister Narendra Modi and British Prime Minister Rishi Sunak last week on the sidelines of the Group of 20 summit in Indonesia.

Albanese said he would visit India in March to advance the deal that was signed in April.

The British deal was signed in December by then-Prime Minister Boris Johnson’s administration and has been criticized by its successors for failing to deliver more for Britain.

The deals would come into force 30 days after countries have advised each other in writing that the supporting legislation has been passed by their parliaments.

Alnanese and his ministers on Tuesday welcomed World Trade Office Director-General Nzogi Okonjo-Iweala to the national capital Canberra.

Farrell said topics of discussions with Okonjo-Iweala included how to implement outcomes of the world trade body’s conference in June.

The WTO reached a string of deals and commitments in June aimed at protecting stocks of ocean fish, broadening production of COVID-19 vaccines in the developing world, improving food security and reforming a 27-year-old trade body that has been back on its heels in recent years.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Associated Press

Court reinstates Indiana’s abortion burial, cremation law

INDIANAPOLIS (AP) — A federal appeals court has reinstated an Indiana law adopted in 2016 that requires abortion clinics to either bury or cremate fetal remains. The 7th Circuit Court of Appeals ruling released Monday overturns an Indiana judge’s decision in September that the law infringed upon the religious and free speech rights of people […]
10 hours ago
FILE - Moscow's Mikhail Grigorenko, left, fights for the puck against Dinamo's Mathew Maione during...
Associated Press

Caesars Sportsbook fined for wrongly denying hockey payout

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have fined Caesars Sportsbook for wrongly refusing to pay out over $27,000 to a gambler who made winning bets on an international hockey game last year. The dispute involved whether goals scored in overtime should count in determining whether bets are winners or losers. It’s the […]
10 hours ago
FILE - Rioters loyal to President Donald Trump rally at the U.S. Capitol in Washington on Jan. 6, 2...
Associated Press

1/6 panel to interview ex-Secret Service agent Tony Ornato

WASHINGTON (AP) — The House committee investigating the Jan. 6 attack on the U.S. Capitol is expected to interview former Secret Service agent Tony Ornato on Tuesday about Donald Trump’s actions on the day of the insurrection, according to a person familiar with the matter. This will be the third time the committee has interviewed […]
10 hours ago
Associated Press

$10M settlement announced in heat death of Georgia student

ATLANTA (AP) — The parents of a Georgia high school basketball player who collapsed while practicing outdoors in sweltering heat and later died announced Tuesday that they have agreed to a $10 million settlement with the school district. As part of the settlement, the Clayton County school system agreed to rename the gymnasium at Elite […]
10 hours ago
FILE - Fall River Mayor Jasiel Correia speaks outside the federal courthouse in Boston after his ap...
Associated Press

Ex-mayor, elected at age 23, loses corruption case appeal

BOSTON (AP) — A federal appeals court has upheld the extortion and fraud convictions of a once-celebrated young Massachusetts mayor who was found guilty of extorting hundreds of thousands of dollars from marijuana businesses. In a ruling published on Monday, the 1st U.S. Circuit Court of Appeals rejected a series of challenges to former Fall […]
10 hours ago
FILE -- An employee in protective clothing takes a sample from the furnace at the steel producer, S...
Associated Press

German inflation dips slightly in November to 10%

BERLIN (AP) — German inflation slipped back slightly to 10% in November, official figures showed Tuesday, but galloping prices remain a major headache for Europe’s biggest economy. The annual inflation rate was off its peak of 10.4%, reached in October, as the increase in energy prices over a year ago slowed to 38.4% from 43% […]
10 hours ago

Sponsored Articles

...
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
...
SCHWARTZ LASER EYE CENTER

Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.
...
Day & Night Air Conditioning, Heating and Plumbing

Ways to prevent clogged drains and what to do if you’re too late

While there are a variety of ways to prevent clogged drains, it's equally as important to know what to do when you're already too late.
Australia ratifies free trade deals with India and Britain