The UK and Australia have reached a consensus on the “vast majority” of the elements of a comprehensive free trade agreement, the Department for International Trade said on Friday. “Both countries are confident that the remaining issues will be resolved, and will now enter a sprint to agree the outstanding details with the aim of reaching agreement in principle by June,” said a joint statement released after two days of talks between UK International Trade Secretary Liz Truss and Australian Trade Minister Dan Tehan in London. Truss said “major breakthroughs” have been made and “an agreement is now in sight.” “This is a deal that will deliver for Britain and all parts of our economy. It is a win-win for both nations. It is a fundamentally liberalising agreement that will support jobs across the country and help us emerge stronger from the pandemic, strengthening ties between two democracies who share …
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