Australian Prime Minister Scott Morrison and British Prime Minister Boris Johnson will detail the plan during the early hours in London at 10 Downing Street, a spokesperson for Morrison told CNN Business.
“Their deal is a victory for jobs, business, free trade and highlights what two liberal democracies can achieve by working together,” the spokesperson said, adding that the countries intended to complete drafting of the agreement by November and promulgate it by July 2022.
The economic impact of Britain’s deal with Australia will likely be quite small, according to Mark Melatos, associate professor of economics at the University of Sydney.
“I think the thing to watch out for are the mentioned concessions on human movement between the UK and Australia, including relaxing visa requirements for travel and mutual recognition of professional qualifications,” he said. -he declares.
– Simran Vaswani contributed to this report.