Trade with Australia and New Zealand: negotiating directives made public

From left to right: Mr Miguel Arias CANETE, European Commissioner for Climate Action and Energy; Mr Neno DIMOV, Bulgarian Minister for the Environment and Water.

On 25 June, the Council decided to publish the mandates given to the Commission on 22 May to negotiate trade agreements with Australia and New Zealand.

Trade agreements with both countries would aim primarily at further reducing existing barriers to trade, removing custom duties on goods, and giving better access for services and public procurement in Australia and New Zealand. The sectors likely to benefit the most from the FTAs are motor equipment, machinery, chemicals, processed foods and services.

The negotiating directives are particularly concerned to protect vulnerable sectors such as agriculture by maximising the benefits of market opening without harming local producers. The mandates do not envisage full liberalisation of trade in agricultural products, which are foreseen as benefiting from specific treatment.

Read the full press statement here.

Visit the meeting the page on the website of the Council of the European Union.