The Australian Minister of Commerce, Dan Teh, announced on Tuesday that a trade agreement with the United Kingdom has been reached after talks between the prime ministers of both nations.
“Both prime ministers have held a positive meeting in London overnight and resolved outstanding issues in relation to the (Free Trade Agreement}, “Tehan said.
On the other hand, in Australia’s largest exporting state, Western Australia, the Prime Minister Mark McGowan urged Canberra to stop antagonizing China, calling for the reestablishment of ties between trading partners at the largest oil and gas industry conference in the country.
Market reaction
The AUD / USD is not inspired by the trade deal, holding its range trade around 0.7710, almost unchanged on the day.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
