Australia closer to a free trade agreement with EU but minister warns there won’t be a deal ‘for the sake of it’
Australia argues the EU should respect the terms of the existing wine agreement between the two sides, which allows continued use of grape variety names such as prosecco. Australia also wants food producers to be able to use terms such as feta.
“Negotiations will only be concluded when we have a deal that is in Australia’s national interest and one which delivers commercially meaningful, new market access for our world-class agricultural products.” “We appreciate Sweden’s strong support, as the current president of the Council of the European Union, to conclude trade negotiations by mid-year,” Farrell said.
But in an attempt to resolve outstanding issues in the lead-up to those formal negotiations, Australian and EU officials plan to continue discussions over the coming weeks.
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