The UK and Australia reportedly agreed the general terms of a post-Brexit trade deal.
Boris Johnson and his Australian counterpart Scott Morrison are said to have made the pact over dinner on Downing Street before it was later officially announced.
Prime ministers were elbowed in front of number 10 on Monday evening – the Covid-safe version of a handshake.
Downing Street did not deny the reports and, if confirmed, the deal would be the first trade deal to be renegotiated from the ground up since Britain left the European Union.
Industry leaders have raised concerns about possible compromises in food standards, while farmers fear that cheap imports could undercut them.
A cabinet split has also emerged between International Trade Secretary Liz Truss and Environment Secretary George Eustice, who has concerns about the impact on farmers.
Cabinet minister Michael Gove also fears that an agreement could fuel demands for Scottish and Welsh independence.