The EU and Australia have announced a significant security and defence partnership, strengthening their close relationship amid ongoing geopolitical uncertainty. At the heart of this collaboration lies a finalised Free Trade Agreement (FTA) that could reshape food supply chains and open new markets for agricultural producers across both regions.
The deal also includes opening formal negotiations on Australia’s association with Horizon Europe, which can help to further the country’s research and innovation capabilities in areas including food technology and sustainable agriculture.
“After eight years of negotiations, Australia and the European Union have signed a landmark trade deal,” says Anthony Albanese, Australian Prime Minister.
The FTA was finalised at a leaders’ meeting between President of the European Commission, Ursula von der Leyen, and the Prime Minister of Australia, Anthony Albanese, which took place in Canberra. For food producers and exporters on both sides, this agreement could mean unprecedented access to new consumers and markets.
