HomeAsiaEU's von der Leyen to visit Australia for likely trade deal conclusion

EU’s von der Leyen to visit Australia for likely trade deal conclusion

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BRUSSELS, March 18 (Reuters) - ‌European Commission President Ursula von der Leyen will ​visit Australia to meet Prime Minister Anthony Albanese next week, when the ⁠two sides are likely to conclude negotiations on a free trade agreement.

Both sides have signalled progress after previous talks between ​Australia and the EU collapsed in 2023, mainly over the size of ‌meat import quotas into the European Union.

The European Commission, the EU executive body, said in a statement that von der Leyen's ⁠visit from March 23 to 25 was intended ⁠to "strengthen EU ties with a trusted, like-minded partner in the strategically vital Indo-Pacific region."

Australia said Albanese would meet von der Leyen, who will be accompanied by EU trade chief Maros ‌Sefcovic, in Canberra on Tuesday on her first trip to the ⁠country as European Commission president.

Australia has been ‌seeking greater quotas for lamb and ​beef exports to Europe. The EU has pushed for lower tariffs on manufactured goods, particularly cars, and improved access to ‌Australia's critical minerals to reduce reliance on ​China. The two sides ⁠launched negotiations in 2018.

Total goods trade between the EU ‌and Australia was 47.2 billion ⁠euros ($57 billion) in 2025, with the EU having a surplus of 26.5 billion euros. For services, trade totalled 38.1 billion euros ​in 2023, with ‌the EU also enjoying a surplus of 17.9 billion euros.

($1 = 0.8675 ⁠euros)

(Reporting by Sudip Kar-Gupta, Philip ​Blenkinsop in Brussels, Christine Chen in Sydney; Editing by ​Makini Brice and Timothy Heritage)

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