Trade negotiations with Australia and New Zealand

03-05-2019

This study explores the context and potential of the FTA negotiations between the EU and Australia and New Zealand. Through an analysis of the status quo, as well as several academic and policy analyses, it highlights the main opportunities for the EU from the negotiations, as well as potential threats and obstacles to agreement. The study explores in detail the likely impacts of market opening on trade in goods and services, as well as the potential in other key areas, including public procurement and investment. It also highlights the current architecture of FTAs which Australia and New Zealand have established, especially the very recent Comprehensive and Progressive Trans Pacific Partnership (CPTPP), to which both are party. It explores how these agreements impact on the EU’s competitiveness in the Australian and New Zealand markets and how FTAs could be leveraged to improve EU integration with these partners and their broader region. The study also considers how trade and sustainable development (TSD) can be effectively integrated into the agreements, in line with the objectives of the EU’s ‘Trade for All’ strategy. Finally, several potential wider, more political impacts of the FTAs are underlined.

This study explores the context and potential of the FTA negotiations between the EU and Australia and New Zealand. Through an analysis of the status quo, as well as several academic and policy analyses, it highlights the main opportunities for the EU from the negotiations, as well as potential threats and obstacles to agreement. The study explores in detail the likely impacts of market opening on trade in goods and services, as well as the potential in other key areas, including public procurement and investment. It also highlights the current architecture of FTAs which Australia and New Zealand have established, especially the very recent Comprehensive and Progressive Trans Pacific Partnership (CPTPP), to which both are party. It explores how these agreements impact on the EU’s competitiveness in the Australian and New Zealand markets and how FTAs could be leveraged to improve EU integration with these partners and their broader region. The study also considers how trade and sustainable development (TSD) can be effectively integrated into the agreements, in line with the objectives of the EU’s ‘Trade for All’ strategy. Finally, several potential wider, more political impacts of the FTAs are underlined.

External author

Louise CURRAN