Canberra, March 24 -- President of the European Commission, Ursula von der Leyen, on Tuesday announced that the European Union and Australia have concluded a long-negotiated Free Trade Agreement (FTA) following a joint press conference with Australian Prime Minister Anthony Albanese.

In a post on X, von der Leyen said the agreement came after years of negotiations.

She said, "After almost a decade of work - we can say: we did it. We have concluded the EU-Australia Free Trade Agreement. And it is such a win for both sides."

According to von der Leyen, the deal expands Europe's trade partnerships significantly, connecting markets across multiple regions.

In the joint press conference with Australian Prime Minister Anthony Albanese, she ...