The European Union said it is close to finalising a free-trade agreement with Australia after years of negotiations. The deal would strengthen supply chains and deepen ties with like-minded partners as both sides respond to trade tensions involving China and the United States. Sticking points remain over agricultural access, particularly Australian beef quotas, which the EU is reluctant to expand due to pressure from its farmers.
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The European Union said it is close to finalising a free-trade agreement with Australia after years of negotiations. The deal would strengthen supply chains and deepen ties with like-minded partners as both sides respond to trade tensions involving China and the United States. Sticking points remain over agricultural access, particularly Australian beef quotas, which the EU is reluctant to expand due to pressure from its farmers.
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