Trade agreement between Australia and EU hangs in the balance

·

Trade talks between Australia and the European Union (EU) continue, with the EU wanting Australian producers to give up the use of the name ‘feta,’ and other product names, which originated in Europe.

According to ABC News, Australia and Europe will likely both have to give ground on contentious names such as prosecco and feta if long-running negotiations on a trade deal that may be worth almost $100 billion is to be realised.

There are hundreds of products on the list of protected names however a handful are the main concern for EU, with suggestions EU could accept “Australian prosecco” or “Australian feta” if it has not already been offered in other trade deals. 

Trade Minister Don Farrell is looking to do a free trade agreement with the European Union. Photo: Alex Ellinghausen.
Trade Minister Don Farrell is looking to do a free trade agreement with the European Union. Photo: Alex Ellinghausen.

This news comes as Trade Minister Don Farrell began the first of two days of talks in Brussels in a bid to broker an agreement with the EU.

Australian Prime Minister Anthony Albanese said Australia will not sign a free trade deal “for the sake of it,” and stressed that the EU will need to offer Australian agricultural producers a fair deal before an agreement can be made.

Source: ABC News.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Melina Haritopoulou-Sinanidou: Redefining what it means to be a woman in Neuroscience

From Athens to Australia to the cutting edge of spinal cord research, Melina Haritopoulou-Sinanidou has never taken the easy road.

PRONIA responds to allegations by President of Victoria’s Greek Elderly Federation

PRONIA has responded to serious allegations made by John Kostoulias, President of the Federation of Greek Elderly Citizen Clubs in Victoria

The Cyprus War of Liberation: Honouring the sacrifice for a united and free island

It was to be a bloody cruel war, as the dwindling might of a fading empire became desperate to retain its global status.

Greek Rock to take over Sydney with rousing concert

The realm of Greek Rock is set to take centre stage in Sydney as IHO NYX prepares to thrill with a lively concert.

‘Speak Greek in March’ campaign sees GCM students visit Melbourne Zoo

The Greek Community of Melbourne (GCM) City’s school unit successfully organised an educational excursion to the Melbourne Zoo.

You May Also Like

Cretan Federation of Australia and NZ celebrate 40th anniversary with book launch

The Cretan Federation of Australia and New Zealand celebrated their 40th anniversary, with a successful book launch on Monday night.

Greek Film Festival announces its full program for Sydney

The 28th Greek Film Festival, proudly presented by the Bank of Sydney, announces its full program for 2023.

Greece’s President awards the Order of Honour to composer Stavros Xarchakos

Greece's President Katerina Sakellaropoulou decorated Stavros Xarchakos with the medal of the Grand Commander of the Order of Honour.