EU agrees to start free trade negotiations with Australia and New

The European Union (EU) decided on Tuesday to give the green light to start negotiations aimed at reaching free trade agreements with Australia and New Zealand.
The decision by the EU Commission, the executive arm of the European Union, marks the start of trade talks with the two countries as the European bloc seeks free trade agreements around the world to counter the implications of US President Donald Trump's protectionist trade policy.
"Today's decision to start trade talks with Australia and New Zealand sends a strong message to the two countries that we appreciate our partnership with you and we want to strengthen our current relationship," said Economy Minister Emil Karanikulov, whose country holds the rotating EU presidency.
"The resolution also serves as a reminder to the world of the EU's commitment to openness, free trade and international cooperation."
The talks are aimed at curbing existing trade barriers, such as tariffs, and providing better access to goods and services for markets.
European Trade Commissioner Cecilia Malmstrom welcomed the decision and said: "We look forward to adding Australia and New Zealand to the ever-growing circle of EU trading partners"

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