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- EU and Australia Finalize Free Trade Agreement to Reduce Dependence on China
EU and Australia Finalize Free Trade Agreement to Reduce Dependence on China
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Australia and the European Union finalized a free‑trade agreement after eight years of negotiation, eliminating tariffs on virtually all goods and potentially improving EU access to Australian critical minerals. The pact includes quotas on certain Australian agricultural exports, notably beef and sheep meat. Australian farmers have criticized the deal for offering only "subpar" access to the EU market. Conversely, French farmers contend that the imposed quotas are too generous.
Our security is your security, and with our new security and defence partnership, we have each other's back.
We cannot be over dependent on any supplier for such crucial ingredients, and that is precisely why we need each other.
We are sending a strong signal to the rest of the world that friendship and cooperation is what matters most in times of turbulence.
The EU and Australia may be geographically far apart but we couldn't be closer in terms of how we see the world.
This is a significant moment for our nation as we secure an agreement with the world's second largest economy.
sources
perspectives
- 1.US Foreign Policy
- 2.Rare-Earth Elements
- 3.European Commission under Ursula von der Leyen
- 4.European defense
- 5.World Economy
- 6.Chinese relations with Australia and NZ
- 7.Australian Foreign Policy
- 8.Critical Minerals
