European Union aiming to conclude Australia Free-Trade Deal by Summer
Bloomer is reporting that the EU is planning to conclude the free trade deal by Summer 2023 with further discussions happening in April 2023.
Apparently, the issues that still need to be agreed upon include the protection of the geographical indication of food, such as cheese, and wine, as well as data and privacy issues. An agreement on European market access for Australian meat and dairy products is also still to be finalised, as well as further progress on opening up public procurement markets.
The agreement will also include chapters on climate goals and labour standards with sanctions available should the principles of the Paris climate accords and the International Labour Organisation standards be breached.
At the German Australian Business Council, we have been active with our European partners in the ABIE network in supporting the con