The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force (EIF) on 31 May 2023.
A-UKFTA eliminated tariffs on many Australian seafood products at EIF, including finfish and rock lobster (Table 1). Remaining seafood tariffs will be phased out and eliminated completely by 1 January 2026.
The agreement provides Australian seafood exporters with improved access to the UK's seafood market, worth US$4.5 billion (approximately A$6.1 billion) in 2021 (UN Comtrade 2023).
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