EU and Australia agree free trade and defence agreementsThe European Union and Australia have agreed on a Free Trade Agreement, as well as a Security and Defence Partnership, the European Commission has announced. The Free Trade Agreement was agreed at a meeting in Canberra between European Commission President Ursula von der Leyen and Prime Minister Anthony Albanese. This will give European exporters access to the Australian market, including the removal of 99% of tariffs on EU goods to Australia. “With these dynamic new partnerships on security and defence, as well as trade, we are moving even closer together. These agreements put in place lasting, trust-based structures to support peace and security through strength, driving prosperity through rules-based trade, and working together to uphold global institutions.
