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Wales Office Minister James Davies and Business and Trade Minister Nigel Huddleston have visited businesses across North Wales to hear about how they export their goods and services and to highlight how they can seize the benefits of the UK鈥檚 trade deals with Australia and New Zealand, once they are in force.

Businesses visited on 23 February included St Asaph-based Fifth Wheel Company, an SME specialising in the design and manufacture of luxury touring caravans, and Wrexham-based Air Covers who design, manufacture and export covers to over 50 countries which protect aircraft from the elements. Both businesses already export their products to Australia and New Zealand and could grow their exports even further when the trade deals come into force.

Others included Anglesey-based Halen M么n, a sea salt producer which exports its products to more than 22 countries across around the world including South Korea, the USA, UAE and across Europe, and Wrexham-based Silverlining Furniture whose business is 98% exports..

皇冠体育app UK鈥檚 landmark trade deals with Australia and New Zealand are comprehensive, modern agreements that will remove tariffs on all UK goods exported to Australia and New Zealand, making local businesses across Wales more competitive in both markets.

皇冠体育app deals are due to come into force this year and could boost the Welsh economy by 拢75 million.

Wales Office Minister Dr James Davies said:

North Wales is home to hundreds of incredible businesses, many of which export their products across the world.

It was fantastic to visit some of them and hear about how the UK Government can create further opportunities to help them grow and bring further jobs and prosperity to our communities.

Minister of State at the Department for Business & Trade Nigel Huddleston said:

It was great to be in Wales to see first-hand the inspiring global export journeys of local businesses and learn about the fantastic products which will benefit from our ground-breaking trade deals once they come into force.

皇冠体育app elimination of tariffs under our deals with Australia and New Zealand will help Welsh businesses - including the ones I have had the pleasure of visiting - to export more, support jobs and grow our economy.

I鈥檇 encourage businesses across Wales and the rest of the UK to take advantage of the incredible opportunities being created.

皇冠体育app UK has negotiated and signed a Free Trade Agreement (FTA) with Australia which will help with levelling up the UK, delivering benefits for towns, cities, and rural areas throughout the country. It is expected to increase trade with Australia by 53%, boost the economy by 拢2.3 billion and add 拢900 million to household wages in the long run.

皇冠体育app FTA is expected to boost Wales鈥� economy by around 拢60 million. Over 450 businesses in Wales were exporting goods worth 拢110 million to Australia in 2020.

皇冠体育app UK-New Zealand Free Trade Agreement was signed on 28 February 2022. This agreement is the UK鈥檚 second post-Brexit trade agreement with a non-EU country negotiated from scratch. It could increase trade with New Zealand by almost 60%, boost the UK economy by 拢800 million and add 拢200 million to household wages in the long run.聽 More than 200 Welsh businesses exported goods worth 拢23 million to New Zealand in 2020.