Australian Prime Minister Anthony Albanese (R) welcomes European Commission President Ursula von der Leyen for talks at Parliament House in Canberra, Australia on March 24, 2026. David Gray/AFP via Getty Images
Australia and the European Union (EU) have signed a new agreement that means 98 percent of exports sent to the 27 member countries—a market of around 450 million people—will not be subject to import duties.
The announcement comes amid a visit to Australia by EU Commission President Ursula von der Leyen.
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