New trade deal expected to significantly boost Australian seafood exports to the UK market in the coming years

Providing access to more than 65 million UK consumers, the free trade agreement between Australia and the United Kingdom that was recently signed by both countries has been welcomed by Seafood Industry Australia (SIA), the national body representing Australia’s commercial seafood industry.

Expected to be in place by 31 May 2023, the agreement will eliminate tariffs on Australian seafood exports to the UK, including lobsters and fin-fish on entry into force, and the remaining tariffs will be eliminated over a three-year period.