In a press release issued on Tuesday, 24 March, the European Automobile Manufacturers’ Association (ACEA) expressed that it was pleased with the conclusion of negotiations on the free trade agreement between Australia and the European Union (see other news).
According to the ACEA, “The tariff reductions on vehicles will put EU exports on an equal footing with other major auto exporting countries, [which] already enjoy duty free access to the local market. Automotive parts will also...