EU says it’s nearing a free-trade agreement with Australia
The Straits Times
The EU recently struck trade accords with India and a bloc of South American countries. Read more at straitstimes.com.
BRUSSELS – The European Union said it’s close to finalising a trade deal with Australia after years of negotiations.
European Commission President Ursula von der Leyen said in a letter to EU leaders that talks were “in the final stretch”.
“This will mark yet another milestone in diversifying Europe’s international partnerships,” she said, adding that the accord would enhance “Europe’s ability to shape global standards and ensure resilient supply chains”.
Dr Von der Leyen may travel to Australia as soon as this weekend to sign the deal, according to people familiar with the plans, who spoke on the condition of anonymity.
Nothing has been finalised yet and talks are still ongoing.
EU trade chief Maros Sefcovic spoke with Australian Trade Minister Don Farrell on March 16, saying on X that the two sides were “moving in the right direction”.
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