Blog Post

Status quo to remain as EU trade deal discussions stall

NEGOTIATIONS for a free trade agreement with the European Union have stalled before they began, with red meat quota being one of the big problems from the Australian side.

Trade minister Don Farrell is in Osaka, Japan, this week for the G7 trade ministers meeting and said he had full intentions of inking an FTA with the EU. However, he thanked his EU counterpart and said no thanks to what was on the table for a trade agreement.

Status-quo meat exports will remain, with the traditionally high value EU market taking limited tonnages from Australia and above quota import duties which make…

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