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June 19, 2018
EU and Australia launch talks for a broad trade agreement
European Commissioner for Trade Cecilia Malmström together with Australian Prime Minister Malcolm Turnbull and Trade Minister of Australia Steven Ciobo officially launched negotiations for a comprehensive and ambitious trade agreement between the European Union (EU) and Australia in the Australian capital of Canberra on June 18.
For the EU the aim of the negotiations is to remove barriers to trade in goods and services, create opportunities for small and large companies, as well as setting ambitious rules in line with other trade agreements of the EU, contributing to shape global trade.
Commissioner for Trade Malmström said: "I look forward to adding Australia to our ever-expanding circle of like-minded trade partners. In challenging times, it is heartening to see that Australia shares our commitment to a positive trade agenda, and to the idea that good trade agreements are a win for both sides. The result of our negotiations will be an agreement that offers clear benefits for both the EU and Australia. It will boost economic opportunity for businesses, both big and small, and create jobs.
The first formal round of talks between the respective sides' teams of negotiators will take place in Brussels from July 2 to 6.
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