Commonwealth Trade Case Studies - Australia

Australia is one of the most advanced economies in the Commonwealth and is a large, sophisticated market for British goods. Its institutional set-up bears striking resemblances to that of the UK and there is an extremely large British diaspora living there. Historic trading links are strong. As a result, there are high hopes and expectations that a post-Brexit trade deal can be struck relatively quickly with Australia (and possibly with ASEAN as a whole, which would also open up the New Zealand market)