EU pauses FTA talks with Australia

Published

3 years ago

October 1, 2021

The European Union has put its free trade agreement negotiations on hold with Australia

#BREAKING The European Union has put its free trade agreement negotiations on hold with Australia pic.twitter.com/Z95xz7CPbY
— ticker NEWS (@tickerNEWSco) September 30, 2021

The EU has postponed the next round of negotiations for a free trade agreement with Australia, for at least one month

The EU have no official reason for the delay.

However, it is believed to be a consequence of Australia scrapping its $90 billion submarine contract with French company Naval Group

According to the Australian Financial Review, officials in Brussels have acknowledged that the AUKUS announcement had prompted “a reflection” on the talks.

The 12th round of negotiations was due to be held between officials of the EU and Australia in October… but now they will take place in November

Australia’s Trade Minister Dan Tehan is en route to Europe for talks with his EU counterpart to urge the EU to stick with the FTA

Meanwhile, Australia’s former P-M Malcolm Turnbull believes France is still not speaking with Australia.

"When he said it was a stab in the back…was not speaking just for himself… there is outrage" Australia's former PM @TurnbullMalcolm believes France is still not speaking with Australia #auspol pic.twitter.com/vdbUqSoepD
— ticker NEWS (@tickerNEWSco) September 30, 2021

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