Business & Economics
EU–Australia Free Trade & Security Accords Finalised After Eight-Year Negotiations
On 24 March 2026 in Canberra, European Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese signed a comprehensive free-trade agreement and a new security-and-defence partnership, formally ending nearly a decade of stop-start talks.
Focusing Facts
- The pact caps Australian beef exports to the EU at 30,600 t a year, with 55 % entering duty-free by 2036.
- Australia will scrap its 5 % tariff on EU imports and lift the electric-vehicle luxury-car tax threshold to A$120,000, exempting about 75 % of EU EVs.
- All tariffs on Australian critical minerals such as lithium and manganese headed to the EU are removed under a parallel raw-materials framework.
You've read the facts. The perspectives are behind this line.
Perspectives in this article
- European mainstream and EU-aligned media
- Australian farming lobby-aligned domestic outlets
- U.S. and security-focused international media