A free trade deal between the European Union and Australia has unravelled despite early optimism, with Canberra saying Monday it could take years until negotiations resume.

A free trade deal between the European Union and Australia has unravelled despite early optimism, with Canberra saying Monday it could take years until negotiations resume

    • CAVOK@lemmy.worldOPEnglish
      11·
      1 year ago

      Celebrating the UK trade deal? The one that Eustice described as “not very good”?

          • Bernie EcclestonedEnglish
            110·
            1 year ago

            Not really, they’re a lobbyist group.

            Please explain why an Australian farmer would bother selling beef for less than they can get for it in Asia?

            And from your link

            Overall, the value of the UK-Australia FTAs lies mostly in the geopolitical tilt towards the Asia-Pacific region and the CPTPP rather than in its economic value to the UK economy

            • CAVOK@lemmy.worldOPEnglish
              71·
              1 year ago

              Which one? NFU or Lawsociety? Or both?

              Yeah, like I said, no real benefit to Britain, other than to show that the gov’t is capable to sign deals, thin as they are, to score some political points at home.

              • Bernie EcclestonedEnglish
                26·
                1 year ago

                The NFU is an insurance company and lobbyist. The Law Society is just that, a professional association. Governed by royal charter, it has a duty to public interest. The NFU does not. It’s a lobby group for fat landowners.

                So, no real benefit, other than to high margin, high skill, professional services exports?

                • CAVOK@lemmy.worldOPEnglish
                  7·
                  1 year ago

                  They’re both lobby groups, don’t kid yourself.

                  So, the benefits are the ones that Britain gave up with 27 countries in order to sign it with one on the other side of the world?

                  If you throw away £1000 and then find £1, it’s that a benefit? I don’t see it that way.

                  • Bernie EcclestonedEnglish
                    14·
                    1 year ago

                    I’m not kidding myself, they are very different businesses. The agribusiness lobby is a lot more harmful to the environment than the Law Society is. There are just more common law countries outside the EU for legal exports. That’s a fact, and an opportunity.

                    And no, we exited the political union, no reason that economic ties can’t be improved now the brexit ultras are soon to be gone.

                    Over 90% of UK companies didn’t export to the EU anyway while we were in it.

                    Plus:

                    https://sh.itjust.works/post/8190702