Back­ing for free trade talks

The Star Late Edition - - BUSINE SSREPORT -

EU LEG­IS­LA­TORS backed the start of free trade talks with Aus­tralia and New Zealand yes­ter­day, while warn­ing ne­go­tia­tors they should be cau­tious about open­ing up EU mar­kets to farm pro­duce such as but­ter and beef. Euro­pean Com­mis­sion Pres­i­dent JeanClaude Juncker said last month that the EU should launch and con­clude free trade agree­ments with the two coun­tries in the next two years. If Juncker’s time frame is achieved, the EU would get in ahead of Bri­tain, which is also court­ing its two for­mer colonies, but can­not ne­go­ti­ate in­de­pen­dent trade deals un­til it leaves the EU in March 2019. – Reuters POLAND

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