Under the A‑EU FTA, the EU will eliminate tariffs on 98% of Australian exports, significantly improving competitiveness for Australia’s agricultural, resources and manufactured goods sectors. Key beneficiaries include producers of wine, nuts, horticultural products, olive oil, dairy, wheat, barley and seafood, in addition to exporters making use of expanded quotas for sensitive agricultural goods. The FTA provides new Tariff Rate Quotas (TRQs), including an additional 30,600 tonnes of beef, 25,000 tonnes of sheep meat, 35,000 tonnes of sugar, and new annual quotas for wheat gluten, rice and key dairy products, strengthening Australia’s capacity to expand exports into the EU.
