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Home World Business

Australian meat industry licks lips at post-Brexit Europe

byCT Report
29/03/2017
in World Business
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SYDNEY: As Britain’s divorce from the European Union begins Wednesday, Australia’s meat industry is licking its lips at the prospect of a boost in exports as London scrambles to sign free-trade deals across the globe.

Pro-leave politicians promised before last year’s referendum that an exit would allow them to hammer out a series of pacts around the world, free from what they called the shackles of EU quotas and giving the country better deals.

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Now, as they prepare for two years of divorce talks that could see Britain completely cut off from Europe’s gigantic free-trade bloc, officials in Westminster are keen to start work on agreements elsewhere.

And that, says Josh Anderson of industry research group Meat & Livestock Australia (MLA), could be a big benefit to the meat industry Down Under, while a rotten meat crisis in Brazil might also provide an opening.

“Brexit provides a unique opportunity for Australia to enhance its trading relationship with the UK,” he said.

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