In another move that aims to increase the EU’s leverage on the global market, MEPs last week backed the opening of trade talks with Australia and New Zealand with an overwhelming majority. The only opposition came from the (far) left and the extreme right amid concerns over globalisation. Agriculture and transparency remain thorny issues, however.
This FTA adds one more link to the global trade network that the EU is building and which includes similar deals with the US (TTIP), Canada (CETA), Japan, alongside the already completed FTA with South Korea, and the TiSA (Trade in Services Agreement). Continue Reading