Australia's free trade deal with the EU could be in trouble after scrapping French submarines project
3 years, 6 months ago

Australia's free trade deal with the EU could be in trouble after scrapping French submarines project

ABC  

The government is "hoping and praying" French anger over Australia's decision to scrap a $90 billion submarine contract with the country will not spill over into its other trade negotiations with Europe. Key points: Senior European officials are questioning Australia's reliability after it ended its deal with France Two-way trade between the EU and Australia is valued at almost $85 billion Negotiations on the agreement are set to resume on October 12 Overnight Monday, the European Commission president Ursula von der Leyen told CNN the EU was seeking answers about Australia’s decision to abandon the French deal and establish a new submarine program with the US and UK. German MP Bernd Lange, who is also chair of the European Parliament's Committee on International Trade, went further, telling ABC Radio National "the trust is missing" between Australia and some European nations. But Mr Lange said EU nations were discussing the best way to respond and that the forthcoming trade deal between Australia and the EU could be delayed as a result of the deal.

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History of this topic

Australia enters 'endgame' free trade talks with European Union for a deal five years in the making
1 year, 4 months ago

Australia enters 'endgame' free trade talks with European Union for a deal five years in the making

ABC  

Owen Menkens has spent much of his life among the tall, green sugarcane plantations of North Queensland, farming a crop that is eventually added to almost every item of food. Across the Channel, bureaucrats in Brussels have scoffed at Australian demands for similar market access as part of a trade deal with the European Union — a massive, high-income bloc …

Australia and European Union fail to reach free trade deal despite visit to break deadlock
1 year, 8 months ago

Australia and European Union fail to reach free trade deal despite visit to break deadlock

ABC  

Australia and the European Union have failed to resolve five-year-long negotiations on a planned free trade agreement worth almost $100 billion. Key points: Australia's trade minister travelled to Brussels this week in an attempt to break the deadlock The EU wants to restrict Australia from using names including prosecco and feta Australia wants the deal "to achieve meaningful agricultural access …

Australia-UK free trade agreement to take effect within weeks, relaxing visa rules and scrapping tariffs
1 year, 10 months ago

Australia-UK free trade agreement to take effect within weeks, relaxing visa rules and scrapping tariffs

ABC  

A historic free trade agreement between Australia and the United Kingdom is set to be in place by the end of the month following years of negotiations. Key points: The deal eliminates tariffs on more than 99 per cent of Australian exports to the UK It will also be easier for Australians to live and work in the UK The …

Australia to buy nuclear-powered submarines made in the US
2 years ago

Australia to buy nuclear-powered submarines made in the US

Associated Press  

WASHINGTON — Australia will purchase U.S.-manufactured, nuclear-powered attack submarines to modernize its fleet, a European official and two people familiar with the matter said Thursday, amid growing concerns about China’s influence in the Indo-Pacific region. The purchase agreement for up to five Virginia-class submarines will be announced Monday when President Joe Biden, Australian Prime Minister Anthony Albanese and U.K. Prime …

Trouble for AUKUS Alliance as Biden Urged to Rethink Sale of Nuclear Submarines to Australia
2 years, 2 months ago

Trouble for AUKUS Alliance as Biden Urged to Rethink Sale of Nuclear Submarines to Australia

News 18  

A Republican and a Democrat senator have urged US President Joe Biden to not sell nuclear-powered submarines to Australia because it would negatively impact America’s national security and also because vessels are ‘scarce.’ The leak was reported by Breaking Defence and the Guardian. “We are concerned that what was initially touted as a ‘do no harm’ opportunity to support Australia …

Australia ratifies free trade deals with India and Britain
2 years, 4 months ago

Australia ratifies free trade deals with India and Britain

The Hindu  

Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, November 22, 2022, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union. ‘Ties …

Australia and India thank Quad for new free trade deal
2 years, 11 months ago

Australia and India thank Quad for new free trade deal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India and Australia’s trade ministers …

India and Australia close to signing a mini free trade agreement
3 years ago

India and Australia close to signing a mini free trade agreement

Al Jazeera  

The move comes at a time when both nations are desperate to reduce their dependence on China. India and Australia, democracies at two ends of the Indian Ocean, are expected to sign an interim free trade agreement this month, marking a major step towards consummating their economic relationship at a time when both nations are desperate to reduce their dependence …

UK and Australia sign trade deal that ‘opens new frontiers’ for firms
3 years, 3 months ago

UK and Australia sign trade deal that ‘opens new frontiers’ for firms

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

French envoy to Australia: Deceitful sub deal raises risks
3 years, 5 months ago

French envoy to Australia: Deceitful sub deal raises risks

Associated Press  

PARIS — France’s ambassador to Australia says Australian officials lied to his face and raised the risk of confrontation in Asia by crafting a secret submarine deal with the U.S. and Britain that undermined trust in democratic alliances. France is determined to protect its interests in the Indo-Pacific region, and to put “muscle” into Europe’s geopolitical strategy toward an increasingly …

How can Australia repair its relationship with France after the AUKUS submarine row?
3 years, 6 months ago

How can Australia repair its relationship with France after the AUKUS submarine row?

ABC  

The continuing diplomatic rift between France and Australia is "not about the submarines", says Romain Fathi, a French-Australian historian from Flinders University. But he said it was "naive" of France to think it could replace the US and UK as Australia's most important ally. "France has huge interests at both ends of the Indo-Pacific", and could also look to frustrate …

‘Crisis of trust': France bristles at US submarine deal
3 years, 6 months ago

‘Crisis of trust': France bristles at US submarine deal

Associated Press  

UNITED NATIONS — France’s top diplomat declared Monday that there is a “crisis of trust” in the United States after a Pacific defense deal stung France and left Europe wondering about its longtime ally across the Atlantic. Speaking to reporters in New York, French Foreign Minister Jean-Yves Le Drian said European countries won’t let Washington leave them behind when shaping …

Scott Morrison not planning to discuss submarine deal with French President Emmanuel Macron while at United Nations General Assembly
3 years, 6 months ago

Scott Morrison not planning to discuss submarine deal with French President Emmanuel Macron while at United Nations General Assembly

ABC  

Prime Minister Scott Morrison has defended Australia's decision to scrap a $90 billion submarine contract with France, and says he has no plans to meet with French President Emmanuel Macron at the United Nations General Assembly. Key points: Scott Morrison will spend a day in New York during the meeting of the UNGA He said he made it "very clear" …

Australia says France knew of ‘grave’ submarine concerns
3 years, 6 months ago

Australia says France knew of ‘grave’ submarine concerns

Associated Press  

CANBERRA, Australia — France would have known Australia had “deep and grave concerns” that a submarine fleet the French were building would not meet Australian needs, Prime Minister Scott Morrison said Sunday after the contract’s cancellation set off a diplomatic crisis. France accused Australia of concealing its intentions to back out of the 90 billion Australian dollar contract for French …

Australia dismisses France's accusations, says concerns over submarine deal 'raised some months ago'
3 years, 6 months ago

Australia dismisses France's accusations, says concerns over submarine deal 'raised some months ago'

Firstpost  

Australian Prime Minister Scott Morrison said the capability being delivered by France’s Attack Class submarine was not going to meet their strategic interests Sydney : Australian Prime Minister Scott Morrison on Sunday rejected France’s accusations that Canberra lied about plans to cancel a contract to buy French submarines, saying he had raised concerns over the deal “some months ago”. Morrison’s …

Submarine deal row: France accuses Australia, US of lying and duplicity
3 years, 6 months ago

Submarine deal row: France accuses Australia, US of lying and duplicity

Firstpost  

The move comes after Australia’s decision to break a 2016 deal for French submarines in favour of American nuclear-powered vessels Paris : France on Saturday accused Australia and the United States of lying over a ruptured Australian contract to buy French submarines, saying a grave crisis was under way between the allies. A White House official on Friday expressed “regret” …

Australia braces for EU trade backlash as France fumes over scrapped submarine contract
3 years, 6 months ago

Australia braces for EU trade backlash as France fumes over scrapped submarine contract

ABC  

The federal government is bracing itself for the possibility that EU trade talks could be disrupted, as France fumes at Australia and the United States over the decision to scrap a $90 billion submarine contract. Key points: France is a highly influential part of the 27-nation EU bloc European Affairs minister Clement Beaune says France can no longer trust Australia …

How a submarine deal sparked a major diplomatic crisis
3 years, 6 months ago

How a submarine deal sparked a major diplomatic crisis

Al Jazeera  

Australia’s move to ditch a $66bn submarine deal has spiralled into an unprecedented diplomatic row between Western allies. French Foreign Minister Jean-Yves Le Drian, said, “There has been contempt so it’s not going well between us, not at all.” President Emmanuel Macron will have a call with his US counterpart, Joe Biden, in the next few days, the French government …

Why A Submarine Deal Has France At Odds With The U.S., U.K. And Australia
3 years, 6 months ago

Why A Submarine Deal Has France At Odds With The U.S., U.K. And Australia

NPR  

Why A Submarine Deal Has France At Odds With The U.S., U.K. And Australia Enlarge this image toggle caption Chief Mass Communication Specialist Amanda R. Gray/U.S. Over the next 18 months, Australia's Department of Defense will establish a task force to guide the coalition's goal to become a "reliable steward" of nuclear technology. More importantly, the institute said, Australia's new …

Why France is angry about the US and UK giving Australia nuclear-powered submarines
3 years, 6 months ago

Why France is angry about the US and UK giving Australia nuclear-powered submarines

CNN  

CNN — The French government says it was betrayed when Australia pulled out of their existing multi-billion dollar defense deal, agreeing instead to attain nuclear-powered submarines through a new deal with the United States and the United Kingdom. The effort to provide Australia with nuclear-powered submarines – a major step toward countering China as President Joe Biden works to build …

France recalls US and Australia envoys over submarine deal
3 years, 6 months ago

France recalls US and Australia envoys over submarine deal

Al Jazeera  

France has recalled its ambassadors to US and Australia for consultations – an unprecedented move taken over a submarine deal. Calling the cancellation “unacceptable behaviour”, Foreign Minister Jean-Yves Le Drian said in a statement on Friday the decision to recall the envoys, on request from President Emmanuel Macron, “is justified by the exceptional seriousness of the announcements” made by Australia …

EU unveils Indo-Pacific strategy, tries to allay China fears
3 years, 6 months ago

EU unveils Indo-Pacific strategy, tries to allay China fears

Associated Press  

BRUSSELS — The European Union on Thursday unveiled a new strategy for boosting economic, political and defense ties in the Indo-Pacific, just hours after the United States, Britain and Australia announced a new security alliance likely to reshape their relations with the vast region. The EU believes the region, which stretches from India and China through Japan to Southeast Asia …

'Stab in the back': Why France is livid after Australia signed new submarine deal with US, UK
3 years, 6 months ago

'Stab in the back': Why France is livid after Australia signed new submarine deal with US, UK

Firstpost  

To be fair, despite the French outburst, there had been indications of problems with the project for several years now Australia on Thursday decided to dump its contract with France to build diesel-electric submarines in favour of US’ nuclear-powered submarines because of a “changed strategic environment”. But US president Joe Biden and the prime ministers of Australia and Britain announced …

Australia to buy U.S. nuclear submarines due to changed security needs in Indo-Pacific
3 years, 6 months ago

Australia to buy U.S. nuclear submarines due to changed security needs in Indo-Pacific

The Hindu  

Australia decided to invest in U.S. nuclear-powered submarines and dump its contract with France to build diesel-electric submarines because of a changed strategic environment, Prime Minister Scott Morrison said on Thursday. PM Morrison said he told French President Emanuel Macron in June that there were “very real issues about whether a conventional submarine capability” would address Australia’s strategic security needs …

Australia nuclear submarine plan: France's fury at being 'stabbed in the back'
3 years, 6 months ago

Australia nuclear submarine plan: France's fury at being 'stabbed in the back'

Daily Mail  

France has been 'stabbed in the back' by the Australian nuclear submarine deal, a former top diplomatic official has said. French President Emmanuel Macron with Prime Minister Scott Morrison at the Elysee Palace in Paris in June 'The world is a jungle,' ex-ambassador to the US Gerard Araud tweeted on Thursday morning Foreign Minister Jean-Yves Le Drian and Armed Forces …

Will the Australia-UK trade deal be in Australia's interest? History shows we must be careful
3 years, 9 months ago

Will the Australia-UK trade deal be in Australia's interest? History shows we must be careful

ABC  

Expect to hear more about trade in coming days, because Australia's just agreed to the broad terms of a new trade deal with the United Kingdom. The new era saw "preferential" trade agreements become more popular, where countries started signing more trade and investment deals with each other, or with particular regions, to the exclusion of others. "Unfortunately, the PBS …

Australia, Britain reach free trade deal to cut many tariffs
3 years, 9 months ago

Australia, Britain reach free trade deal to cut many tariffs

Associated Press  

LONDON — Britain and Australia announced the broad outlines of a free trade deal Tuesday, eliminating tariffs on a wide range of goods as the U.K. seeks to expand links around the world following its exit from the European Union. The U.K. said a final agreement in principle would be published “in the coming days.” Australia is the U.K.'s 14th …

UK Australia trade deal announced
3 years, 9 months ago

UK Australia trade deal announced

CNN  

Sydney/Hong Kong CNN Business — Australia and the United Kingdom announced a free trade agreement Tuesday as Britainbegins to forge new economic relationships following its departure from the European Union. It’s the first major bilateral free trade agreement brokered by the United Kingdom since it left the European Union in January 2020. “We are concerned that the pace of these …

Boris Johnson’s ‘global Britain’ needs more than a tiny Australian trade deal
3 years, 9 months ago

Boris Johnson’s ‘global Britain’ needs more than a tiny Australian trade deal

CNN  

London CNN Business — The United Kingdom’s first new trade deal since Brexit is a sobering reminder of the mammoth task it faces as it seeks to compensate for losing the economic benefits of EU membership. DOMINIC LIPINSKI/POOL/AFP/Getty Images The Australia deal The details of the Australia deal have yet to be announced and implementation is not expected to begin …

UK and Australia agree first post-Brexit free trade deal
3 years, 9 months ago

UK and Australia agree first post-Brexit free trade deal

Al Jazeera  

British PM Boris Johnson says agreement marks ‘new dawn’ in relations between the UK and its former colony. ‘Global Britain at its best’ “Today marks a new dawn in the UK’s relationship with Australia, underpinned by our shared history and common values,” Johnson said in a statement. “This is global Britain at its best – looking outwards and striking deals …

Australian exporters could face millions of dollars in European tariffs as EU seeks to punish polluters
4 years ago

Australian exporters could face millions of dollars in European tariffs as EU seeks to punish polluters

ABC  

Australian exporters to Europe are likely to face millions of dollars in new tariffs after the European Parliament voted overnight to move forward with a carbon levy on products from countries lacking serious pollution reduction programs. Key points: The European Parliament has voted to introduce a carbon levy on imports into the EU from countries with weaker emission rules Australian …

Brexit: Chances of EU trade deal ’less than 50%’, says Michael Gove
4 years, 3 months ago

Brexit: Chances of EU trade deal ’less than 50%’, says Michael Gove

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chance of a trade deal with the EU is “less …

Brexit: UK and EU agree to keep talking but warn ‘no-deal’ is now likely
4 years, 3 months ago

Brexit: UK and EU agree to keep talking but warn ‘no-deal’ is now likely

CNN  

CNN — The United Kingdom and the European Union have warned a no-deal Brexit was now likely, even as they agreed – once again – to extend trade talks beyond a self-imposed Sunday deadline. The talkswere initially extended until Sunday after Wednesday’s meeting between European Commission President Ursula von der Leyen and the UK Prime Minister Boris Johnson, billed as …

Australia looks to lessen reliance on China, with UK free trade talks to commence
4 years, 9 months ago

Australia looks to lessen reliance on China, with UK free trade talks to commence

ABC  

Free trade talks with the United Kingdom will officially begin later this month, as Australia desperately seeks closer relationships with nations beyond China. Key points: Australia hopes to be among the first countries to secure a post-Brexit trade deal with the UK Negotiations could be completed by the end of the year Australia's trade relationship with China has suffered in …

Free trade agreements are often ignored by business. So why has Australia signed a new one?
5 years, 4 months ago

Free trade agreements are often ignored by business. So why has Australia signed a new one?

ABC  

Another gathering of regional leaders. Forget that India doesn't want a bar of this latest free trade construct, the Regional Comprehensive Economic Partnership, a deal driven largely by China and Japan. But when it comes to free trade agreements, this is a golden era and there's never been a better time to be a bureaucrat with a great big roll …

Future submarine project deadlocked as French shipbuilder digs in on $50 billion contract
6 years, 5 months ago

Future submarine project deadlocked as French shipbuilder digs in on $50 billion contract

ABC  

The Government has grown so frustrated with the French company selected to build Australia's next fleet of submarines that Defence Minister Christopher Pyne refused to meet top officials visiting the country this week. The knock-on effects of delay on the SPA, which covers the guiding terms and conditions that govern the submarine program, and the likelihood of a federal election …

Brexit: Australia rules out starting trade negotiations with UK until it leaves EU
8 years, 4 months ago

Brexit: Australia rules out starting trade negotiations with UK until it leaves EU

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit: European politicians warn Australia not to put trade with Britain first
8 years, 6 months ago

Brexit: European politicians warn Australia not to put trade with Britain first

ABC  

Australia has been urged to put all trade discussions with Britain on the backburner and concentrate on securing a good agreement with the European Union. Overnight in Brussels, Foreign Minister Julie Bishop and Trade Minister Steve Ciobo were quizzed about their plans for a UK deal by several European politicians, who are still reeling from Britain's decision to exit their …

Australia and UK take first step to post-Brexit free trade deal, but final agreement could take years
8 years, 6 months ago

Australia and UK take first step to post-Brexit free trade deal, but final agreement could take years

ABC  

Australia and the UK will establish a bilateral Trade Working Group with the purpose of being ready to fast-track free trade negotiations once Britain formally leaves the European Union. Key points: Working group will meet twice a year from early 2017 'No country will want to do a deal' with UK until EU trade arrangements are clear, expert says Pressure …

Free trade negotiations with European Union to begin next year, Steven Ciobo says
8 years, 6 months ago

Free trade negotiations with European Union to begin next year, Steven Ciobo says

ABC  

Formal free trade agreement negotiations with the European Union are set to begin early next year, Trade Minister Steven Ciobo has told the ABC. "We've got well-developed discussions underway with the European Union with a view to commencing free trade negotiations I hope in the first half of next year," he told AM. Mr Ciobo will touch down in London …

Aussie exporters taking advantage of free trade deal with China: Trade Minister
8 years, 7 months ago

Aussie exporters taking advantage of free trade deal with China: Trade Minister

China Daily  

CANBERRA - Australia's exporters are greatly benefiting from a raft of recently-signed free trade deals,including the China-Australia Free Trade Agreement,Trade Minister Steve Ciobo said on Thursday. "Australia's International Business Survey 2016 Highlights Report shows 67 percent of exporters believe the outlook for their business is better compared to 2015, following the successful completion of free trade agreements with China, Japan …

Brexit: Turnbull says Australia keen on early free trade deal with Britain after first talks with May
8 years, 8 months ago

Brexit: Turnbull says Australia keen on early free trade deal with Britain after first talks with May

ABC  

Prime Minister Malcolm Turnbull says discussions with his British counterpart Theresa May over a possible free trade agreement have been constructive. Key points: Turnbull says he is keen to take advantage of Britain's exit from the EU May says she is also very keen to complete an agreement as soon as possible Vote to leave EU means Britain has to …

Australia seeking free trade deal with UK following Brexit vote
8 years, 8 months ago

Australia seeking free trade deal with UK following Brexit vote

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit Effect: Australia, New Zealand to team up over fresh trade deals with EU, UK
8 years, 8 months ago

Brexit Effect: Australia, New Zealand to team up over fresh trade deals with EU, UK

Firstpost  

Australia is seeking a bilateral free trade agreement with the EU that was adopted in a referendum on Thursday. Canberra: Prime Minister Malcolm Turnbull on Monday announced Australia will team up with New Zealand in a bid to negotiate new trade and immigration deals in the wake of Britain’s exit from the European Union. Turnbull told reporters in Adelaide he …

Brexit: Australia's trade, diplomatic relationship with EU safe, ambassador says
8 years, 8 months ago

Brexit: Australia's trade, diplomatic relationship with EU safe, ambassador says

ABC  

Britain's shock decision to exit the European Union should have little impact on Australia's diplomatic and trade relationships, according to the EU's ambassador to Australia. Key points: Treaties to continue until new separation agreement takes affect EU ambassador pledges to keep working with Australia Said leave decision not a shock, close call expected Speaking to the ABC's AM program, Sem …

Brexit stage right: what Britain's decision to leave the EU means for Australia
8 years, 8 months ago

Brexit stage right: what Britain's decision to leave the EU means for Australia

ABC  

Britain's decision to leave the European Union has opened a fundamental crack in the Western world. Consider the statistics below: In 2014 the EU was Australia's largest source of foreign investment and second-largest trading partner, although the European Commission placed it third after China and Japan in 2015; In 2014, the EU's foreign direct investment in Australia was valued at …

Brexit: Malcolm Turnbull 'consoled' David Cameron, says Australian economy can weather storm
8 years, 8 months ago

Brexit: Malcolm Turnbull 'consoled' David Cameron, says Australian economy can weather storm

ABC  

Malcolm Turnbull has moved to quell fears about the domestic impact of the Brexit vote, and confirmed that he "consoled" David Cameron in a phone conversation ahead of the UK leader's resignation. Key points: Britain votes to leave EU in referendum $50 billion wiped from Australian stock exchange on Friday Turnbull, Shorten say Australia's economy is diverse and will survive …

Australian submarines to be built in Adelaide after French company DCNS wins $50b contract
8 years, 10 months ago

Australian submarines to be built in Adelaide after French company DCNS wins $50b contract

ABC  

A French company has beaten competitors from Germany and Japan to secure the contract to build Australia's next fleet of submarines, with the Federal Government promising thousands of Australian jobs will be created. Key points: Australia's next fleet of submarines will be built in Adelaide The project will create 2,800 jobs nationwide The design will come from French company DCNS …

Submarine policy: Industry calls for clarity amid reports fleet will be bought from Japan, not built in SA
10 years, 6 months ago

Submarine policy: Industry calls for clarity amid reports fleet will be bought from Japan, not built in SA

ABC  

The Australian Industry Group has raised concerns at reports the Federal Government will buy submarines from Japan rather than building them in Australia. Submarines likely to be built in Japan: analyst Senior analyst with the Australian Strategic Policy Institute Andrew Davies said the Government appeared to be seriously looking at buying Japanese submarines. "I think what we're likely to see …

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