The European Union’s agreement to open free trade negotiations can be a win for all Australians, says Business Council chief executive Jennifer Westacott.
“Free trade agreements already cover most of Australia’s major trading partners, providing important access to Australian investors and exporters of goods and services. An FTA with the European Union would further enhance Australia’s vital trade and investment interests.
“At a time when some voices, internationally and in Australia, are questioning the benefits of open trade it is heartening that both the government and the opposition are determined to continue working with progressive nations to underscore our national commitment to trade liberalisation.
“Trade is Australia’s life blood – more liberal trade globally has helped lift millions out of poverty, it helps sustain 1 in 5 Australian jobs and, gives consumers the greater choices and freedom they expect.
“The Business Council is seeking the views of its member companies, and looks forward to contributing to successful negotiations between the Australian Government and the European Union.”