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Von der Leyen Lands in Australia as EUAustralia Trade Deal Nears Finish

Talks hinge on farm access plus EU rules for protected names.

Overview

  • European Commission President Ursula von der Leyen arrived in Sydney for a three‑day visit that includes meetings in Canberra and an address to Australia’s parliament.
  • Trade ministers Don Farrell and Maros Sefcovic are meeting to try to close the agreement, with a signing widely expected but not yet confirmed.
  • The toughest unresolved issues are greater EU market access for Australian beef and lamb and European protections for geographic indications covering products like cheese and wine.
  • Australia has floated scrapping its luxury car tax on European vehicles in exchange for improved agricultural access to EU markets.
  • Canberra frames the pact as part of export diversification after past Chinese trade blocks, with officials estimating an initial A$10 billion boost to trade in the first year.