EU and Australia Seal Trade Deal Amid Strategic Resource Concerns

EU and Australia Seal Trade Deal Amid Strategic Resource Concerns Submitted by Thomas Kolbe It took an astonishing eight years before the European Union and Australia were able, at the beginning of the week, to agree on a joint trade agreement. What EU Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese presented in Australia’s capital Canberra represented a far-reaching reduction of direct tariffs over a medium-term period. Over 90 percent of goods will be able to circulate freely between the two continents, of course always under the application of...