European Commission1d ago

Two continents. One strong partnership 🇪🇺🤝🇦🇺

After almost a decade of work, we concluded the EU–Australia Free Trade Agreement. A win on both sides.

The agreement will:
🌍 boost EU exports to Australia, with growth of 33% expected over the next decade
🌍 save €1 billion in tariffs
🌍 create new opportunities for businesses and farmers
🌍 strengthen cooperation on critical raw materials, security and defence, and research

A relationship built for the long term.

More: https://link.europa.eu/ytWPdQ

Show threadSéverin Lemaignan
@EUCommission what does the 'research' side of the agreement entail? Will Australia join the Horizon Europe research framework?
Mar 24 at 5:48pmWeb
Show threadEuropean Commission19h ago
Hello @severin!
The Free Trade Agreement between Australia and the EU at this point will make it easier for researchers to move between the two continents. For the future, the parties have also agreed to launch formal negotiations for the association of Australia to Horizon Europe.
You can learn more here: https://ec.europa.eu/commission/presscorner/detail/en/ip_26_645