Australia-European Union an enduring Partnership

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1-Australia DFAT-logo Protected by copy right LawAustralia-European Union Free Trade Agreement FTA

As a bloc, the EU is Australia’s largest source of foreign investment and second largest trading partner. In 2014, the EU’s foreign direct investment in Australia was valued at $169.6 billion and Australian foreign direct investment in the EU was valued at $83.5 billion. Total two-way merchandise and services trade between Australia and the EU was worth $83.9 billion. © Australian Department of Foreign Affairs and Trade

Key interests and benefits

  • A comprehensive, high-quality Australia-EU FTA would help to ensure our trade and investment relationship reaches its full potential
  • An Australia-EU FTA would remove barriers to trade in goods
  • An Australia-EU FTA could expand services linkages and investment ties
  • An Australia-EU FTA could enhance regulatory cooperation in specific sectors of interest to business.  © Australian Department of Foreign Affairs and Trade