French vineyards won’t have to worry about cheaper Aussie merlots squeezing them off the shelves at Carrefour. Italian mozzarella makers won’t have to fret about southern hemisphere rivals. After years of talks, a bid to agree a free-trade deal between the EU and Australia has collapsed.
“I came to Osaka with the intention to finalise a free-trade agreement,” said the Australian trade minister Don Farrell. “Unfortunately we have not been able to make progress.”