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Australia and New Zealand’s Trade Negotiations With The European Union Explained – TLDR News

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EU Trade Deals Playlist: https://www.youtube.com/playlist?list=PLYVUSCs1YuSxl7OP2FHOyyzcnh8cb0xEB

The EU is currently has a number of trade negotiations ongoing – not only with the UK but also with Australia & New Zealand. So to learn more about EU trade and to give us some perspective for Brexit, we’re taking a look at the EU’s proposed deals with Australia and New Zealand.

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1 – https://www.reuters.com/article/uk-britain-eu/uk-ready-to-quit-eu-on-australia-terms-if-no-brexit-deal-johnson-says-idUSKBN23Y0J6
2 – https://www.reuters.com/article/uk-britain-eu/uk-ready-to-quit-eu-on-australia-terms-if-no-brexit-deal-johnson-says-idUSKBN23Y0J6
3 – https://eeas.europa.eu/sites/eeas/files/partnership_framework2009eu_en.pdf
4 – https://eeas.europa.eu/sites/eeas/files/eu_new_zealand_partnership_agreement_on_relations_and_cooperation.pdf
5 – https://trade.ec.europa.eu/doclib/press/index.cfm?id=1843
6 – https://www.dfat.gov.au/trade/agreements/negotiations/aeufta/Pages/default
7 – https://trade.ec.europa.eu/doclib/docs/2018/june/tradoc_156947.pdf
8 – https://ec.europa.eu/trade/policy/countries-and-regions/countries/new-zealand/index_en.htm
9 – https://www.dfat.gov.au/trade/agreements/negotiations/aeufta/Pages/default
10 – https://www.mfat.govt.nz/en/countries-and-regions/europe/european-union/
11 – https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD%3A2017%3A293%3AFIN
12 – https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD%3A2017%3A293%3AFIN
13 – https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD%3A2017%3A293%3AFIN
14 – https://www.dfat.gov.au/trade/agreements/negotiations/aeufta/news/aeufta-round-7
15 – https://www.afr.com/world/europe/australia-eu-free-trade-deal-faces-testing-final-hurdle-20200519-p54u69
16 – https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12338156
17 – https://www.newsroom.co.nz/obstacles-remain-to-a-free-trade-deal-with-the-eu
18 – https://www.theguardian.com/business/2020/jun/17/uk-begins-talks-with-australia-and-new-zealand-on-free-trade-deal-for-post-brexit-era

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48 Comments

48 Comments

  1. @paulwarren796

    February 28, 2024 at 2:17 pm

    SOUNDS LIKE THIS WORKED BETTER THAN WHAT 'AMERICA'(PROBABLY UNITED STATES PARTR OF AMERICA) TRIED THAT DID NOT GEL WITH THE E.U. PWW

  2. @seanlander9321

    February 28, 2024 at 2:17 pm

    The EU has inflicted a punitive trade embargo on Australia for over 50 years. No matter what Australia does; raises standards, lowers standards, give sheep pillows to sleep on, whatever, nothing will change because the EU has long singled out Australia to be excluded.
    Australia needs to walk away from the Europeans who treat us like an enemy, it’s just a waste of time and money believing that they will change to deal fairly on trade.

  3. @panisamo

    February 28, 2024 at 2:17 pm

    Could you speak about Pacific alliance (AP) were Chile 🇨🇱, Perú 🇵🇪, Colombia 🇨🇴 and Mexico 🇲🇽 are trying to build a common union and free movement of capital, people and goods? And maybe if there is an opportunity of partnership between them and EU

  4. @alanbstard4

    February 28, 2024 at 2:17 pm

    Australia and NZ should be protectionist too. It's how their nations were built

  5. @ElectrickSoundz

    February 28, 2024 at 2:17 pm

    Still ben no rush needs

  6. @rosshilton

    February 28, 2024 at 2:17 pm

    This is a terrible deal for Australia.

    We are about to get screwed.

  7. @mackenziebeeney3764

    February 28, 2024 at 2:17 pm

    I think the EU’s concerns are less protectionist and more standards. Which I guess is kind of protectionist.

    And from the future; don’t worry about taking your time. The British got screw all from their Australian deal.

  8. @aldocadenaro8121

    February 28, 2024 at 2:17 pm

    I'm an Australian and I think its a great idea, let's get it going 👍

  9. @olivegrove2615

    February 28, 2024 at 2:17 pm

    EU is asking too much.

  10. @NRsevenX

    February 28, 2024 at 2:17 pm

    this didn't age well 😂

  11. @leadroleeventslondon7938

    February 28, 2024 at 2:17 pm

    Another Australia – UK vs Australia – EU video. Which holds more benefits??

  12. @jtrenoweth

    February 28, 2024 at 2:17 pm

    I think either way us Aussies will get screwed 🇦🇺

  13. @oscarnavarro8019

    February 28, 2024 at 2:17 pm

    Pretty sure not to deal with EU as they will encounter difficulties on their protectionism attitude on trade whilst the country is on WTO terms.

  14. @Megamanhurhur

    February 28, 2024 at 2:17 pm

    Both.

  15. @oscarnavarro8019

    February 28, 2024 at 2:17 pm

    They ask too much for the continent that can't be trusted as they change rules when it suits them. In general they have double standard.

  16. @carnivaltym

    February 28, 2024 at 2:17 pm

    Can't see why Oz/Nz has any incentive to sign up to these proposals.

  17. @brandonwildhaber5027

    February 28, 2024 at 2:17 pm

    Thanks for this great video, you are a gift to everyone watching it.
    At this crucial time, telling someone about Bitcoin investment is not just a financial advice by all factor but a life advice. For a trustworthy broker, think about Ms Olivia.

  18. @MistyMarie1970

    February 28, 2024 at 2:17 pm

    Always want to know what New Zealand is up too

  19. @mikespike007

    February 28, 2024 at 2:17 pm

    i said during the 1975 EU referendum, (i know it wasn't called that then) that we should get out and form the commonwealth market, looks like it may at last happen

  20. @esajpsasipes2822

    February 28, 2024 at 2:17 pm

    It seems like the EU has some agreement with like every country..

  21. @guillemmarti4412

    February 28, 2024 at 2:17 pm

    EU and Mercosur please

  22. @judeffr

    February 28, 2024 at 2:17 pm

    This helped with my assignment 🙂

  23. @JoseAntonioRevilla

    February 28, 2024 at 2:17 pm

    EUs 🇪🇺 trade agreement with Mexico 🇲🇽 🙏🏼😅

  24. @od9694

    February 28, 2024 at 2:17 pm

    Brand new trade commissioner again

  25. @blurryface_1589

    February 28, 2024 at 2:17 pm

    Ahhh so now I get why New Zeland primer minister praised Spain president Pedro Sanchez, she wanted to get the vote of Spain with the EU agreement? XD If not I don't get it jajajaja

  26. @DavidDanos

    February 28, 2024 at 2:17 pm

    European Union – African Union relations, please!

  27. @mariateresitalacerna8133

    February 28, 2024 at 2:17 pm

    Eu, no right, to do, or say something about Philippines people 's, Europe is big dictator in poor countries

  28. @ellahnamolyneux3363

    February 28, 2024 at 2:17 pm

    I see the eu are trying to sell their version of a level playing field to oz and nz. I really dont see why they would bother with eu, oz and nz are just going to end up making sacrifices, usually ppls jobs. Its all one sided and eu are hostile negotiators

  29. @marvinbernardo1525

    February 28, 2024 at 2:17 pm

    EU- ASEAN FTA

  30. @fportugal79

    February 28, 2024 at 2:17 pm

    An ambitious FTA as the modernized agreement between EU and Mexico is worthy of a video as this one.

  31. @paulwood6729

    February 28, 2024 at 2:17 pm

    About half of NZs European exports are to the UK, more than that for Aus.
    A video on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership please!

  32. @davidbolton4930

    February 28, 2024 at 2:17 pm

    Good new Zealand playing 3d chess

  33. @maxwalker1159

    February 28, 2024 at 2:17 pm

    Interesting

  34. @AdstarAPAD

    February 28, 2024 at 2:17 pm

    If the EU is going to remain protectionist in regard to agriculture products then Australia and Definitely New Zealand will gain little in having a free trade agreement.. Agriculture makes up a large part of Australia's exports and in the case of New Zealand the majority of their exports.. Australia is a very large mineral and energy exporter as well..

  35. @partyboi69er

    February 28, 2024 at 2:17 pm

    would be nice not to see MADE IN CHINA on everything. cheap crap

  36. @jackfrost838

    February 28, 2024 at 2:17 pm

    EU are dictators, just ask the uk and many other countries where the EU global trading practises ( dumping cheap goods on market ) have totally f@cked their local markets. All done by the EU dictators.

  37. @gohomeshio

    February 28, 2024 at 2:17 pm

    why is this on my recommended 👁👄👁

  38. @Eric-ye5yz

    February 28, 2024 at 2:17 pm

    It is a pity many here don't understand what happened, but you would have to have been born near the end of WW2 to understand the financial position Britain was in and appreciate the four countries had a diminishing GDP. America and Canada were the only countries with a manufacturing industry that was undamaged, Canada was small compared to USA. Britain had to align with Europe to stand a chance, but she was honorable, she sort to get the commonwealth countries the nest deal possible and succeeded to some extent.

  39. @Ricky-nq7lu

    February 28, 2024 at 2:17 pm

    Big brother an little Brother work well together so the UK can just piss off as we never forget when someone stabs us in the back.
    EU can piss off too as they can't be trusted ever. As long as us ANZAC's have each other's back where good as we are thank you.

  40. @chriswelcome4318

    February 28, 2024 at 2:17 pm

    Commonsense, it should be a win/win deal, if not, don't bother getting involved.
    They had ridiculous regulations with the UK, the shape of a banana. No thanks.
    It's when people/corps try and pull the wool over your eyes, things are made complicated.

  41. @davidwilliams-xt7pe

    February 28, 2024 at 2:17 pm

    Stuff the eu. Plenty of others desperate for food and au and nz products on better terms.

  42. @davidwilliams-xt7pe

    February 28, 2024 at 2:17 pm

    What about the EU and Japan trade agreement

  43. @davidwilliams-xt7pe

    February 28, 2024 at 2:17 pm

    They haven't got any money.

  44. @CharlesvanDijk-ir6bl

    February 28, 2024 at 2:17 pm

    Let me look Dutch cheese vs Australian cheese? Either one is ok. Beer Australian beer at least as good as the major European ones. Wine unless you're an expert anything of $10 /liter is good for social gatherings. Australia has excellent produce better than anywhere else all very affordable.

  45. @aretaransfield2749

    February 28, 2024 at 2:17 pm

    On this day – 17 August 2005, I, ARETA REREKAU TANARA MOTU MANGAI UHUUHU RANSFIELD, AND PATRICIA TUI MCLEOD – TE KAEHAUTU O TE WAKA ME TE MOTU AOTEAROA NEW ZEALAND, WE BOTH BEING KAEHAUTU,
    Injuncted the 2005 general election, and, all Instrumentation of crown and government as state, this being the opening day of the nomination of candidates standing for the 2005 general election.

    We utilised 1 ground for the injunction, English Laws Act 1858 – 28 May, that stated enlish law began across the colony of New Zealand on the 14 January 1840, predating the signing of the Treaty of Waitangi – 6 February 1840.

    The english laws act was clearly a lie and a breech of te Tiriti, and was not covertly removed until apparently sometime in 2007, through the said wills act of 2007.

    The said crown or said government as said state however were injuncted 17 August 2005, by way of an application filed through the said court of appeal, which was then appealed to the said supreme court of New Zealand 22 August 2005.

    Thus far, the said supreme court have refused to hear the appeal.

    The said crown or said government as said state are in illegal possession of the Seal of New Zealand and Tangata Whenua Estate.

    The english subject through its' Sovereign have not paid for their Crimes of War against Tangata Whenua O Aotearoa, and continues to this present day, enforced by the said military and said police, and is said justified by the said court's, all of this instrumentation being illegal, it all being Now Injuncted.

    Therefore, this said general election has been delayed as of today, and has been moved to another date of Infamy, 17 October 2020, where on this day, the then chiel justice James Prendegast in 1877, made his now famous infamous statement – the treaty is a simple nullity, but also through this very same decision, attempted to validate, and tried to make legal, as the 1st said chief justice to do so,
    english laws act 1858, also using it to remove without obstruction from the said defendant Wi Parata, illegally, land that had been stolen from him by the bishop of Wellington, enforced by this said court.

    English laws act 1858, was the attempt made and executed to turn a colonisor british subject into a settler, owing no allegiance to its Sovereign, or, Tangata Whenua Sovereign's, being the proof of and for its' treasonous behaviours – 28 May 1858 to 14 January 1840 to 17 August 2020.

    ARETA REREKAU TANARA MOTU MANGAI UHUUHU RANSFIELD
    PATRICIA TUI MCLEOD
    TE KAEHAUTU O TE WAKA ME TE MOTU AOTEAROA NEW ZEALAND

    WHANAU IS GREAT

  46. @Treeesmith

    February 28, 2024 at 2:17 pm

    EU is evil, go away

  47. @maxnoerenberg6370

    February 28, 2024 at 2:17 pm

    I wonder if you ever went to a grocery store in Australia, which was quite unusual as a european…..because they always rounded up the amount you owe ……..and never give out change in copper coins……you pay 19.49 at the counter but get change for 20.00…maybe this was just a Melbourne thing??

    But anyway, Australia was very good to Germany in the trading business, seeing that in 2009 they had german made streetcars / trams circling the dcitycenter of Melbourne….and dont forget the german made mono rail made in Berlin ( which failed there ) but got sold to China / Japan…….I still remember riding on that monorail in Berlin city center an adventure, back in the 1990

  48. @frankdev9096

    February 28, 2024 at 2:17 pm

    There is a problem with a across the board free trade agreement and letting everything go wild to the market, in that it can undermine the self sufficiency of a country for its basic needs.
    If Australia can produce food cheaper, and out compete local markets simply by being able to scale up more. Then in the long run a country can be totally depend on imports for its basic food needs.
    And that is leverage in global politics. Countries should try to keep and produce most their basic needs themselves. Or as a equally depend deal, both having similar amount of skin in the game.
    One of the aspects of the Netherlands is that they have very high food safety stands. E.g. for hormones in meat. But imported food, often don't meet those standards. This creates a situation where the imported food doesn't have to meet the same standards, can be cheaper, and out compete local businesses, because local businesses still have to uphold the rules, making their products more expensive. The failure in thinking here is, that the Netherlands should focus more on quality control from what shops are allowed to sell and how much of basic need products their allowed to import, than trying to control it all through a trade agreement. The problem often is, that trade deals undermine local food safety laws, because trade agreements enforce penalties if free trade is inhabited. I see this more in a failure in negotiation, and a lack of foresight/insight. Lowering food safety standards is not acceptable, and often results in a no deal.
    Higher economic growth is not everything. The freedom to choose your own rules and regulations, or independence can be worth more. Though in the current global politics arena, it would be best to have more trade deals with other countries. Even if it is just to become less dependent on the big communist bully that is eroding freedoms around the world, and that we let continue to silently commit genocide because of its economic might. Eu deals can be a bit of a mess. The EU has lots of different people, with different values, cultures, languages, and different wealth, and different local laws, which can making reaching a consensus on things that does not benefit everyone really hard and a long process. Sometimes it would be better to let a deal go through with some EU countries opting out, than to let perfectly good deals for the majority breakdown.

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Source list:

Student List program:
https://studenti.org.rs/en/plan/
https://x.com/studentblokade/status/2105208664881557577?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2105208664881557577%7Ctwgr%5E286dd96e36fbc96dbbcd3184e186b4f05377e279%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.danas.rs%2Fvesti%2Fpolitika%2Fstudenti-o-sankcijama-rusiji%2F
https://x.com/studentblokade/status/2055953192458834226
https://newunionpost.eu/2026/09/15/student-list-ready-serbia-elections/

Train station canopy collapse:
https://www.aljazeera.com/news/2025/11/1/mass-protests-planned-as-serbia-marks-anniversary-of-train-station-collapse
https://www.railwaypro.com/wp/president-vucic-inaugurates-novi-sad-subotica-high-speed-line/

CRTA report: https://crta.rs/en/first-interim-report-on-long-term-observation/

Snap elections:
https://www.politico.eu/article/serbia-leader-aleksandar-vucic-calls-snap-elections-after-dissolving-countrys-parliament/
https://srpske.rs/en/news/ekonomija/2026/08/02/serbia-600-million-euro-cash-handout-payment-dates

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Sources:

The EU’s plan to capture US Big Tech revenue
https://www.ft.com/content/ad06ed89-f600-4694-8c95-7d53b6d3315b?syn-25a6b1a6=1
https://www.reuters.com/business/retail-consumer/brussels-looks-capture-big-tech-through-tax-large-corporations-ft-reports-2026-10-07/

EU rejects France’s calls for an EU-wide digital services tax
https://www.ft.com/content/e5a76494-71df-4ee0-a85f-b28f2c94ded6?syn-25a6b1a6=1
https://www.vatcalc.com/global/eu-holds-back-on-digital-services-tax-as-us-raises-retaliation-threat/

EU’s proposed CORE mechanism
https://blogs.lse.ac.uk/europpblog/2025/08/28/the-commissions-foray-into-corporate-taxation-a-core-problem-for-the-eu-budget/
https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/eu-budget-2028-2034_en#driving-prosperity-via-competitiveness-research-and-innovation

US exempted from Pillar 2 of OECD’s global minimum corporate tax agreement
https://youtu.be/85voZ2FJhZk?si=6jVOHTB5CBTKvigd
https://www.theguardian.com/business/2026/jan/06/us-exemption-oecd-global-tax-deal-multinational-companies
https://www.theguardian.com/business/2021/oct/08/oecd-deal-imposes-global-minimum-corporate-tax-of-15

G7 statement on global minimum tax
https://www.canada.ca/en/department-finance/news/2025/06/g7-statement-on-global-minimum-taxes.html
https://www.ey.com/en_gl/technical/tax-alerts/canada-g7-releases-statement-on-global-minimum-tax-pillar-two-and-canada-rescinds-digital-services-tax

European Digital Services Taxes (DSTs)
https://taxfoundation.org/data/all/eu/digital-services-taxes-europe/
https://taxfoundation.org/testimony/pillar-one-digital-services-taxes/
https://www.reuters.com/en/germany-seeks-levy-10-tax-online-platforms-like-google-2025-05-29/

Accusations of tax avoidance by Silicon Valley tech companies
https://www.theguardian.com/us-news/2025/apr/15/silicon-six-accused-of-avoiding-almost-278bn-in-us-corporation-taxes-over-10-years
https://itep.org/trump-meta-tesla-alphabet-amazon-obbba-taxes/
https://itep.org/amazon-alphabet-meta-tesla-pro-trump-tech-companies-avoided-taxes/

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Sources
Diesel prices/components
https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
https://tradingeconomics.com/commodity/brent-crude-oil
https://www.ft.com/content/f117f347-e1e0-457c-83fc-ba4745581bb2?syn-25a6b1a6=1

Fuel vs Dem congressional ballot
https://www.economist.com/graphic-detail/2026/09/17/high-petrol-prices-could-hand-democrats-a-mighty-midterm-victory

Trump Truth Social posts
https://truthsocial.com/@realDonaldTrump/posts/117412435306815143
https://truthsocial.com/@realDonaldTrump/posts/117422699218841250

Zelenskyy comments
https://www.axios.com/2026/10/09/exclusive-zelensky-putin-trump-diesel-deal
https://thehill.com/policy/international/6141601-russia-strikes-ukraine-power-plant/

Laws
https://thehill.com/homenews/house/6140830-fitzpatrick-bill-block-russian-oil/
https://www.congress.gov/bill/117th-congress/house-bill/6968
https://ofac.treasury.gov/sanctions-programs-and-country-information/countering-americas-adversaries-through-sanctions-act-related-sanctions
https://www.congress.gov/bill/119th-congress/senate-bill/5025

Reports that Russia lacks refining capacity
https://www.aljazeera.com/news/2026/10/10/why-is-us-turning-to-russia-for-diesel-despite-sanctions

0:00 Why the Trump-Putin Diesel Deal is Already Falling Apart
7:11 Sponsor

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