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EU-Australia Trade Deal Boosts Exports, Resilience

Published 1 week, 1 day ago
Description

EU and Australia ink free trade deal, boosting export volumes by up to one third over the next decade. The agreement, announced by European Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese, resolves disputes over sensitive exports like beef, sheep meat, sugar, and dairy. Australian farmers gain access to the EU market, while Europeans protect names for hundreds of food products and spirits. Key details include increased beef exports, access to critical minerals for the EU, and modernized wine trade.

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