EU Commission President Visits Australia to Finalize Free Trade Agreement
The agreement aims to boost trade by removing tariffs on over 90% of goods and could add AUD 10 billion to Australia’s economy in its first year, officials said.
- European Commission President Ursula von der Leyen has landed in Sydney to finalize a long-awaited free trade deal between Australia and the European Union.
- The deal, worth tens of billions of dollars, is expected to provide Australian farmers and exporters better access to the EU's market of 450 million consumers.
- Australian Trade Minister Don Farrell said the agreement could bring an extra AUD$10 billion in trade within its first year.
45 Articles
45 Articles
Prosecco, feta, luxury cars: Long-delayed Europe trade deal finally a reality
The historic free trade pact, which has been eight years in the making, will increase Australian red meat exports and allow producers to use names formerly considered “geographic indicators”.
The leaders of the EU Commission are in Australia until Wednesday, in order to finally bring the agreement negotiated since 2018 over the finish line.
Lithium, cobalt, tantalum: EU Commission President Ursula von der Leyen has promised European companies a better supply of raw materials through a trade agreement with Australia. "The free trade agreement helps to secure access to these important raw materials," wrote Leyen in a guest post published on Monday in several European newspapers.She could sign the agreement in the coming days.From Leyen landed in Sydney on Monday and travels to the ca…
EU Commission President von der Leyen has travelled to Australia for talks on a trade agreement.
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