On the 31st of May 2023, the Australia-United Kingdom Free Trade Agreement (A-UKFTA) came into effect. This eagerly anticipated agreement marks a significant milestone in the economic relationship between the two nations.
Free Trade Agreements can be complex to navigate and this one is no different. There are various rules and documents required to take advantage of the A-UKFTA. The key takeaway from this announcement is that, after a five-year period, 99% of imports from the UK will enter Australia duty-free.
Australian importers and exporters are strongly encouraged to visit the Department of Foreign Affairs and Trade website for a comprehensive A-UKFTA guide.
If you’d prefer to talk to someone, reach out to our team of in-house customs brokers. These experts are here to help you understand how and when your shipments will qualify as duty-free.