EU and Australia Deadlock in Push for a Free-Trade Agreement
- Australia ended talks over lack of market entry offered by EU
- Both sides had hoped to strike a deal by the end of August
Cattle at a farm in New South Wales, Australia.
Photographer: David Gray/BloombergThis article is for subscribers only.
The European Union and Australia deadlocked in negotiations aimed at wrapping up a free-trade deal this week, putting an accord at risk as the partners struggle to consolidate critical supply chains among allies.
Australian representatives ended talks in Brussels on Tuesday after both sides failed to reach a compromise on final points of contention. Sticking points in the negotiations include access for some Australian agricultural exports, in particular beef, according to people familiar with the discussions.