Von der Leyen says the Australia trade agreement will benefit EU exporters and farmers

In less than two months, Europe added nearly two billion people to our free trade market. With agreements spanning 3 continents. From Latin America to India and now Australia. It’s a true trade trilogy. For EU businesses, this agreement will deliver immediate, tangible benefits. EU exporters, producers and farmers will save 1 billion euro in tariffs. Our exports of goods to Australia are expected to grow by 33% over the next decade. And our farmers will benefit from greater export opportunities combined, as usual, with strong safeguards. With the protection of geographical indications, for example. It’s a perfect balance.