The European Union and Australia have launched negotiations aimed at reaching a free trade deal. The move bucks a global trend toward protectionism.
After more than nine years of talks, Australia and Indonesia have signed a free trade agreement. The deal had been delayed after Australia signaled its support for Israel, sparking outcry from Muslim-majority Indonesia.
The free trade deal is the EU's first with a member of the Association of South-East Asian Nations (ASEAN). The European Parliament's approval will clear the path for the deal to come into force as early as this year.
Almost all tariffs on trade between the European Union and the world's third-biggest economy have been removed. European companies could save around a billion euros in duties each year.
With the clock ticking inexorably closer to the date for the UK's official departure from the EU, the UK parliament starts to vote on options. DW's Rob Mudge takes a look at the key Brexit scenarios.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version