Australia, UK Inch Towards Free Trade Deal As Prime Ministers Meet

Australia, UK Inch Towards Free Trade Deal As Prime Ministers Meet
Britain's Prime Minister Boris Johnson (R) poses for a photograph with Australia's Prime Minister Scott Morrison (L) on the steps of 10 Downing Street in London on June 14, 2021. Tolga Akmen/AFP via Getty Images
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Australia and the UK are inching towards finalising a free trade deal with leaders from both countries soon to announce an in-principle agreement.

An in-principle agreement is a step-up from a Memorandum of Understanding and is legally enforceable, demonstrating the progress last-minute negotiations over the past six weeks are having.