Reuters

Exclusive: Australia sees trade deal with EU by end-2022 -minister

Australian Trade Minister Dan Tehan said on Friday he expected to finalise a free trade agreement with the European Union by the end of next year, despite the EU’s anger over Canberra’s cancellation of a submarine contract with France. Brussels postponed the latest round of talks, which were due to start on Oct. 12, until November in solidarity with France after Australia scrapped the multi-billion dollar deal that Paris considered the cornerstone of its Indo-Pacific policy. Tehan, in Italy for a meeting of the Group of 20 developed countries, told Reuters in an interview he was not concerned by the delay in the talks, and reaching an agreement was strongly in the interests of both sides.

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