Albanese signals low hopes for EU trade agreement

Reuters

Australian Prime Minister Anthony Albanese has downplayed the likelihood of significant progress on a free trade agreement with the European Union during his meeting with EU Commission President Ursula von der Leyen in Rome.

During his visit to Rome for Pope Leo XIV’s inauguration, Australian Prime Minister Anthony Albanese expressed low expectations for advancing a long-stalled free trade agreement with the European Union. Albanese remarked, "I wouldn't expect any big announcements," highlighting the challenges in bridging differences between the two sides.

Negotiations for the deal, which began in 2018, have been on hold since October 2023, when Australia rejected EU proposals over key disagreements. While the meeting with EU Commission President Ursula von der Leyen provides an opportunity for renewed dialogue, substantial movement on the agreement remains unlikely in the near future.

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