Original Source

The European Commission reached a trade deal with Australia, liberalizing goods flow while maintaining quotas on sensitive EU farm products.

EU-Australia Trade Deal Concluded

The European Commission announced on Tuesday that it has reached a trade deal with Canberra, Australia. This agreement is expected to liberalize the flow of goods between the two parties. However, the deal includes provisions to maintain quotas on sensitive EU farm products.

Key Details and Exceptions

While aiming to liberalize trade, the agreement largely preserved Australia's luxury car tax. This reflects an intent to lower overall trade barriers while retaining existing policies for specific items. Von der Leyen, the Commission President, spearheaded these negotiations to a successful conclusion.

*Source: Euronews (2026-03-24)*

Related Articles