Today: 8 October 2025
24 August 2023
1 min read

Australia expects to revive FTA talks with EU at G20

Talks on the landmark deal broke down in July amid a dispute over Australian farmers’ export access to the vast EU market…reports Asian Lite News

Australia’s Assistant Trade Minister Tim Ayres has identified reviving stalled talks on a free trade agreement (FTA) with the European Union (EU) as his priority at the G20 trade and investment ministerial meeting.

Prior to departing for India’s ‘Pink City’ Jaipur on Wednesday, Ayres said EU officials have so far “offered too little and asked too much” in negotiations, Xinhua news agency reported.

Talks on the landmark deal broke down in July amid a dispute over Australian farmers’ export access to the vast EU market.

Ayres, who will meet with his European counterpart as Australia’s representative at the G20 trade and investment ministerial meeting on Thursday and Friday, said a deal would only be possible with major changes to the EU’s import quotas for meat.

Despite the ongoing dispute, ministerial officials from both sides have expressed optimism that a deal will be reached.

Don Farrell, the minister for trade, said in July that negotiations would be concluded with goodwill, hard work and perseverance.

His sentiment was echoed by Annalena Baerbock, Germany’s minister for foreign affairs, who on Tuesday night told a webinar run by Australian think tank the Lowy Institute that both sides should now strive to finalize an FTA.

ALSO READ-Japan-Australia defence cooperation pact to take effect

Previous Story

Britain praises India for Moon landing

Next Story

‘India to include lab-grown diamond in FTA talks’

Latest from -Top News

India, Qatar Strengthen Trade Ties

Goyal expressed optimism about the growing economic engagement between the two countries, stating, “Glad to meet Ahmed bin Mohammed Al-Sayed….reports Asian Lite News Union Minister of Commerce and Industry Piyush Goyal met

OCTOBER 7: Stop the Violence Now, Says Guterres

Guterres recalled that “the attackers brutally killed more than 1,250 Israelis and foreign nationals….reports Asian Lite News UN Secretary-General Antonio Guterres urged an immediate halt to the violence in Gaza, Israel, and

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on
Go toTop

Don't Miss

Jaishankar meets Jordanian, Palestinian counterparts

This comes after India had abstained on a resolution at

‘Tremendous opportunity for Cloud in India’

According to Nasscom, 53 per cent of enterprises have increased