EU–Australia Free Trade Agreement Brings Significant Benefits for Your Supply Chain
On March 24, 2026, EU Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese concluded a comprehensive EU-Australia Free Trade Agreement in Canberra. For European companies, this represents one of the most significant trade policy advancements in recent years:
Over 99% of all tariffs on EU goods exports to Australia will be eliminated – an annual relief of approximately 1 billion Euros for the European economy.
Direct Benefits for AKE and Our Customers
• Duty-free for machine tools
Previously, tariffs on mechanical components and tools were up to 14%. With the new agreement, these will be completely eliminated.
• Growth Opportunities: EU Exports +33% in Ten Years
Forecasts predict an export increase of approximately one third. Manufacturing companies will benefit from fewer trade barriers, faster processes, and better market access.
• Greater Investment Security
In the future, EU investors in Australia will receive the same treatment as local companies. This strengthens legal certainty, planning, and long-term partnerships.
Our Local Partner: AKE Salestech Pty Ltd
Our Australian partner AKE Salestech Pty Ltd in Victoria is ready to support you in entering the Australian market – naturally with the complete AKE product range and regional expertise.
Questions about international delivery options?
We would be happy to advise you personally on opportunities, delivery routes, and cost optimizations in the wake of the new free trade agreement.
Contact us – we are happy to help!
info@ake.de +49 7433 261-0