EU to race Britain for Australia, New Zealand trade deals


  • World
  • Wednesday, 13 Sep 2017

STRASBOURG (Reuters) - The European Union wants to launch and conclude free trade negotiations with Australia and New Zealand in the next two years, European Commission President Jean-Claude Juncker said on Wednesday, opening up a potential race with Britain.

If Juncker's timeframe is achieved, the EU could nip in ahead of the UK, which is also courting both countries but cannot negotiate independent trade deals until it leaves the EU in March 2019.

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