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March 2026 | Australia has finalised a landmark free trade agreement with the EU. Learn what tariff cuts, market access and compliance steps mean for business.
On 22 May 2018, the Council of the European Union adopted the decision authorising the opening of negotiations for a Free Trade Agreement between the EU and Australia. Negotiations concluded on 24 March 2026.
After 8 years of negotiations, Australia has secured a landmark trade deal with the European Union, the world’s second largest economy.
The deal is part of the EU’s strategy to diversify global trade partnerships and strengthen supply chains. Cooperation with Australia is wide-ranging and covers security and defence, research and innovation, education, digital, climate, environment. The EU and Australia also signed a Security and Defence Partnership.