John MacKenzie chats with Dan Galligan, CEO of Queensland Canegrowers, about the first shipment of sugar to the United Kingdom under a new free trade agreement.
Jul 11, 2023, 02:46 AM
John MacKenzie chats with Dan Galligan, CEO of Queensland Canegrowers, about the first shipment of raw sugar to the United Kingdom under a new free trade agreement.
Australia has not had any significant exports of sugar to the UK since the 1970s, and none at all since 2017, due to the protectionist attitude of the European Union, which saw some tariffs as high as 98 euros per tonne.
The free trade agreement should see Australia bring in around $74 million per annum from raw sugar exports.
Australia has not had any significant exports of sugar to the UK since the 1970s, and none at all since 2017, due to the protectionist attitude of the European Union, which saw some tariffs as high as 98 euros per tonne.
The free trade agreement should see Australia bring in around $74 million per annum from raw sugar exports.