Australia and EU Sign a Landmark Trade Agreement in Canberra to Boost Exports and Defense Ties

Anthony Albanese and Ursula von der Leyen signed a comprehensive free trade agreement in Canberra after years of negotiation.The historic pact will eliminate tariffs on most European exports and is expected to increase bilateral trade by a third.Australia will provide the EU with access to critical minerals like lithium while launching a new maritime security partnership.The final agreement includes compromises on beef import quotas and protects European product names such as prosecco.
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