The EU and Australia concluded negotiations on a Free Trade Agreement in March 2026 which will deepen economic ties and create a more stable foundation for trade and investment.
Free Trade Agreements remove tariffs, ease regulations, and opens door to the world’s largest single market – the European Union, making it easier to trade, invest and grow, It strengthens supply chains, and supports jobs and long-term growth, while offering greater stability in a shifting global economy. The agreement includes commitments on sustainability, labour rights and climate.
Global trade is becoming less predictable, with supply chains exposed to disruption. Partnerships with trusted economies reduce risk and diversify trade, and Australia’s economic stability and Indo-Pacific position make it a natural partner for the EU.
The agreement will remove over 99% of tariffs on EU exports to Australia. Following ratification, businesses will gain clearer rules and improved access to markets, services and investment.
INTERESTING FACT
EU–Australia trade already supports around 460,000 jobs across Europe
How the EU became Australia’s largest wine export market
The EU and Australia signed a Wine Agreement that improved trade and protected heritage on both sides.