Trade agreement with Australia fails for • Table.Briefings

The trade agreement between the EU and Australia has failed for the time being. Australia was not prepared to agree to the previously agreed duty-free quotas for beef, lamb and sugar. Bernd Lange (SPD), head of the trade committee, calls Australia’s actions absurd.

Negotiations between the EU Commission and the government of Australia on a comprehensive free trade agreement (FTA) have failed for the time being. On the fringes of a meeting of G7 trade ministers in Osaka, the deal should have been finalized over the weekend. But on Monday night, the talks broke off. The Australian side rejected a proposal submitted by the EU. The decisive factor was provisions on the exchange of agricultural products.

Trade agreement with Australia fails for the time being

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