The EU dairy sector welcomes the conclusion of the EU-Australia Free Trade Agreement negotiations

Said Alexander Anton, EDA secretary general: “Congratulations to EU Commissioner Maroš Šefčovič and his team for yet another breakthrough in both the European trade strategy and the global trade arena.”

Without having analysed the full text of the agreement, EDA acknowledges and welcomes the expanded two-way trade opportunities for the dairy sector in Australia and the EU, with a carefully managed market opening with specific TRQs for products such as butter (5.000 tonnes), SMP (8.000 tonnes) or whey protein concentrates (2.000 tonnes).

With these improved market access conditions, the EU dairy sector would gain greater predictability in a market with potential beyond the €380 million in EU exports in 2025.

Concluded Anton: “Another major step is, of course, the in-principal acceptance of the GI system and its value by our Australian partners —the details of the agreement remain to be seen —but this is certainly a very important step for us.”  For more visit Euromilk.org