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EU and Australia Finalise Free Trade Agreement After Eight Years of Negotiations

Summary by Monaco Life
The European Union and Australia have concluded negotiations on a free trade agreement, the European Commission announced in March 2026, eight years after talks began in July 2018. The deal is the latest in a series of agreements the EU has struck in the Indo-Pacific region, following similar accords with Indonesia in September 2025 and India in January 2026. The agreement is expected to eliminate more than 99% of tariffs on EU exports to Austra…
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A new trade agreement was concluded on 24 March between the European Union and Australia, both concerned with diversifying their export markets.

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Canberra: The recently announced trade agreement between the European Union and Australia is being considered another blow to Europe's renewable ethanol industry, which is already under pressure due to the impact of the EU-Mercosur agreement. According to ePURE, under this new agreement, Australia will receive duty-free access to the EU market for 10,000 tonnes of ethanol. This is considered a major concession in a sensitive sector, especially a…

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globaltrailermag.com broke the news in on Thursday, March 26, 2026.
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