Australia and the European Union (EU) launched negotiations for a free trade agreement (FTA) on 18 June 2018. Negotiations concluded on 24 March 2026, as announced by Prime Minister the Hon Anthony Albanese MP and European Commission President Ursula von der Leyen.
This comprehensive, balanced and commercially meaningful agreement will deliver economy-wide benefits to Australia, including significant new opportunities for Australian exporters, producers, and skilled professionals.
The EU is a massive, high-income market of around 450 million people. As a bloc, the EU is Australia’s third largest two-way trading partner and second largest source of total foreign investment.
Germany has the largest economy in Europe, making learning German a good choice for the future.
https://www.dfat.gov.au/trade/agreements/not-yet-in-force/aeufta
