Australia and New Zealand's Trade Negotiations With The European Union Explained - TLDR News
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- เผยแพร่เมื่อ 23 ก.ค. 2024
- EU Trade Deals Playlist: • The EU's Trade Deals E...
The EU is currently has a number of trade negotiations ongoing - not only with the UK but also with Australia & New Zealand. So to learn more about EU trade and to give us some perspective for Brexit, we're taking a look at the EU's proposed deals with Australia and New Zealand.
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1 - www.reuters.com/article/uk-br...
2 - www.reuters.com/article/uk-br...
3 - eeas.europa.eu/sites/eeas/fil...
4 - eeas.europa.eu/sites/eeas/fil...
5 - trade.ec.europa.eu/doclib/pre...
6 - www.dfat.gov.au/trade/agreeme...
7 - trade.ec.europa.eu/doclib/doc...
8 - ec.europa.eu/trade/policy/cou...
9 - www.dfat.gov.au/trade/agreeme...
10 - www.mfat.govt.nz/en/countries...
11 - eur-lex.europa.eu/legal-conte...
12 - eur-lex.europa.eu/legal-conte...
13 - eur-lex.europa.eu/legal-conte...
14 - www.dfat.gov.au/trade/agreeme...
15 - www.afr.com/world/europe/aust...
16 - www.nzherald.co.nz/business/n...
17 - www.newsroom.co.nz/obstacles-...
18 - www.theguardian.com/business/...
I would like to see a video on the EU - Japanese trade deal !
It was signed in 2019.
I like this format and i would also like to se the brand new free trade agreement with Vietnam explained by you all ^^
EUs trade agreement with Japan, please.
Agreed, we need to see what the UK is missing out on. lol
@@thewingedhussar4188 we have an agreement ready to go with Japan lol
1000 page document
@Alfa&Omega 00000 got until September, keep up.
What would be the point? Both are extremely protectionist and the agreement would just lock in those protections.
Europe-Japan deal please!!!
1000 page document where the EU has a say on the Japan / UK trade deal If this infringes on the EU / Japan trade deal
@@leor7870 Well, the EU and Japan have been negotiating for five years to get to this immense Free Trade Agreement. Since the UK wants out of the EU after 2020, whilst expecting to make use of the FTA...it seems pretty reasonable the EU has a say in this.
According to Jeff Taylor there is already an agreement between Japan/ UK but not signed. My understanding is that Britain has to give in otherwise there is no agreement.
There are several areas which requires further negotiations nonetheless it is going to be less that the existing EU trade deal with Japan.
And channel viewers are treating this as a victory. 🤦♂️ Poor souls
Would be great if you did an overview of all of the EUs trade deals globally as finding a definitive answer of how many they have is quite tricky.
I would like to see more content about the relation between the EU and Canada
One New Zealand's biggest export is dairy with out that included i can't see why we would bother.
Better of just trading that with China bigger market.
@@mightymousesundies yes but also no, we should be moving away from china divesting imo canzuk trade agreement and US free trade, China is politically insidious can't be trusted and run antithetical to our own countries interests.
@@MrStephansucks I'm well aware of the Chinese government, it's about time we capitalize on it.
Well atlest till where fully settled into canzuk and ever hidden fine print has been ironed out,
Pretty sure there are lots of hungry Chinese people about now with corona, flooding, that pigflu.
@@mightymousesundies yea china wields their economy like a weapon they loan shark around the pacific to gain foot holds, i don't mind trading with them but it should be at a level where if we lose it we can continue with some minor adjustment.
grayson hellyer ...and, after factoring in transport costs, why would EU want to pay more for NZ products that the EU already produces?
Sell it to the Aussies...
The awkward part for NZ is that we already have free trade...we don't have quotas and tariffs on EU stuff. Or anything. I think we still trade with Iran and Russia lol. So all we have to give is good vibes. : )
Well, there are tariffs on machinery for instance, and the EU will probably want to sell some.
Free trade destroyed NZ’s productive sector and opened us up to (originally) cheaper products of lesser quality.
Formerly respected NZ brands now produce rubbish substitute products overseas.
New Zealand has not recovered economically (or socially) from open-border policies introduced in the 1980s.
@@jeremyashford2145 That maybe so, but all countries are producing rubbish goods now a days. Sign of times.
NZ got unprecedented access to the EU because of Lange refusing to hand back the French saboteurs who invaded and sank the Rainbow Warrior. The deal he did for NZ meat and dairy was brilliant and has been the mainstay of its economy for 35 years.
I think an updated video of canada -eu comprehensive agreement is necessary, considering both brexit and the difficulties of how such legally binding agreement will be implemented in Canada, as Canada conventionally has very strong protectionism in both relegated professions and in each province (particularly due to Quebec sovereignty issues).
EU deals with japan and Brazil would be interesting videos
Would love to see Argentina's or Mercosur trade deals
Right,.. the Netherlands with all their parliaments. Always troublesome ratifying those agreements. *Winks in Belgian*
Belgium with no parliaments?
541 days without government in 2010-2011.
Not to mention the continued Vlamingen vs Walloniërs issues.
*Winks Dutch*
@@spekenbonen72 Ja dat is dus het punt man
I'd like to see the differences between USMCA new NAFTA) and the trade deal between the EU and Mexico/Canada
A video on EU-Switzerland would be interesting, not the trade deal, but the regulatory agreement that they are currently negotiating. It could show how Britain could come out of it if it wants a closer cooperation.
Switzerland and EU have a free movement of labour.
Far-right in Switzerland campaigned for a referendum to end that for years - but there is no-support for it amongst the voters because they are aware of importance of single market for their economy.
@@strofikornego9408 There actually will be a referendum on it in september about it. It will probably not pass, but you can never now, as we have seen with the Brexit referendum. There are many deals made between switzerland and the EU, but there currently working on a reference framework which should guide all future deals.
Do Switzerland pay money to the EU or vise versa for free labour movement
@@rag2031 The answer to it is complicated. Switzerland does contribute to some EU programms, and can benefit from theses, as well. But it is not part of all EU programs.
@@rag2031 Yes, Switzerland makes very significant contributions(billions) to the EU
New Zealand is trying to get free trade agreements with any country it can because it doesn't want to be dependent on China. The EU, the US, UK and India are where the push is strongest, though an FTA with the US won't happen anytime soon because of NZ's nuclear free policy.
Everyone is trying to reduce dependence on China, not just New Zealand.
It's very important we eliminate Chinese trade reliance. It's just geopolitical positioning and their manufacturing output. China 100% wants our NZ, for itself.
And who wouldn't. Australasia will be born again soon I think. It's already there, basically wer3 just waiting for the end of the war or the economic crash of China. Then we can decide who we want to deal with and trade with.
Or, to put it another way, the EU wants absolutely free access to Australian and NZ markets for everything, while retaining tariffs on anything it wants to call "sensitive". As we say in my country, sport, "Tell 'em they're dreaming."
That is not true and totally misrepresents the EU position.
@@fitzstv8506 You think? What's your explanation for the EU's list of "selected sensitive products" which just happens to include most of our largest food exports? Just co-incidence, eh? As we say in my country again, "Pigs it is".
@@puffin51 The EU farming community is composed of ten of thousands of small family owned enterprises, the EU must protect these families and communities they are the backbone of food production and security of food supply for Europe that is why they are listed as sensitive products. The EU farming methods are the most efficent and least environmentally damaging means of food production, they are the worlds highest quality produce and have taken decades of dedication and hard work to achieve.
@@fitzstv8506 Actually the EU "farming community" is mostly composed of large agribusinesses using small producers as contractors. If it were efficient, it would not fear competition, especially from Australia and NZ, which have to send their products across half the world. But of course it is not efficient, which is why food is so costly in Europe. High food prices hurt the poor worst, of course, so please don't kid yourself that there's anything high-minded about it. The object is to keep the profits up for the EU's major lobbyists. This situation has indeed taken decades of coddling and protection to create, that's true, but it's no achievement.
The European agricoltur is not the most efficient but has by far the highest quality standard worldwide, because the EU regulation doesn't allow many chemical fertilizer which are massively used in country which produce higher volume of agricoltural product such as Canada, USA, Australia and Brazil
As a European, I want to take care of our tradition and still want to eat my good and healty food without giving a dam on the trade issues which benefit only the big industry
Brazil & EU deal would be nice to know better
We would love to have trade with NZ and Australia 🇦🇺🇳🇿🤝🇮🇪🇪🇺
Gingerflamingo ..why?....don't you have enough sheep already?....what goods do they produce that the EU does not already produce?
Australias biggest exports are iron ore, coal and gas and a bit of hormone beef
@@notch7139 exactly and I don’t see Europe building mega cities like in China so why would they need iron ore ?
@@heyguyswhatshappening6210 Europe need a lot of iron ore for it's infrastructure but I don't think Australia can compete with Russia when it comes to price
Where's the link to the Discord, guys?
This helped with my assignment :)
So the EU wants to protect its food industries in fruits & vegetable production, ruminant meat, and dairy. That's basically NZ's entire export market (excluding tourism). That's roughly 47% of NZ's export products. How is NZ supposed to benefit from this agreement, especially since it seems the rest of the world is utterly incapable of stamping out (the disease) and tourism receipts are plummeting?
We're not a European colony anymore, they can't expect us to agree to such exploitative terms.
I mean, I didn't do the projections, but the numbers cited in the video claim a GDP increase for both parties even under the "conservative" protectionist scenario. So I don't see how the arrangement is "exploitative", since both sides benefit. Not getting _all_ the benefits you might want isn't the same as being exploited, right?
I assume that NZ's agricultural production is allocated anyway. It may be hard to extend it significantly to grow into new markets. With developed countries growth is usually expected in fields such as high tech or services.
@Daniel Eyre If you are talking about commodities, yes, in theory. In reality there are food standards to be met, shipping cost to be paid, shipping time to be considered, and so on. Processed foods could give higher margins but are a lot harder to place on new markets. I still think it would be hard to grow significantly in the agricultural sector for any developed country selling to peers.
Eu seem to want to undermine other countrys food and produce industries. I find it sinister to say the least
@Daniel Eyre so tell me why is the eu protecting its self (and im talking the eu organisation,) more important than any one country trying to do the same? It seems to me that even member states are only used to further the eu,s agenda. The eu (ill use its present name) was only supposed to be a common trading block and has gone from that to a political organisation wanting to assimmilate every country it deals with to further its own, organisational (not member countries) political agenda? Even what it is demanding from nz and oz for a trade deal is nothing short of a very uneven playing field. Why is the eu so aggressive? After all its only supposed to be trade deals between friendly counties. Why should the eu dictate to countries what it can and cant farm or fish. The eu as far as i can see is trying to control nations by controlling its food out put and the ability for a nation to feed its self. It artificially inflates food prices for eg a coastal nation, fish should be a cheap food source but it is priced higher than meat. A country not being allowed to produce food to feed its population ( especially when countries are having immigration (massive, sudden population increases)forced upon them against the indiginous ppls wishes)and having to import it, under eu control, is a tactic used in war. Why does a trading bloc need an army? When nato has done the job of keeping peace perfectly well since ww2?All members of eu are not treated fairly and its undemocratic, ok it has elected meps who are completely powerless and only there to give the impression of democracy. The eu is a authoritarian dictatorship. Its days are numbered as the ppl of member countries demand their countries back.
I would like to see your analysis of protectionism in the EU. Is the EU more or less protectionist than other trade blocs? What would happen if it abandoned all protectionist measures? Is there a chance it of becoming more protectionist, e.g., if there is a trade war with China or with the US?
"What would happen if it abandoned all protectionist measures?"
It would cease to be a trade bloc, which is surely defined as (at the minimum) a group of countries that have freer trade between themselves than they do with outside countries.
The EU is the least protectionist of the larger trade blocks.
@@randuru Well that's not true at all. So why not cite your sources? NAFTA, OPEC, SAARC & ASEAN are all less protectionist.
@@megaangelic Thank you for your reply. I really don't want to argue, it is perfectly possible that I am wrong and you are right. 😊.
In the end it probably comes down to the question what does one mean with the term 'protectionist'. Is it tariffs, is it regulations? Are there differences toward industrialized and developing countries? Are there exceptions for the poorest countries in the world?
As far as I know (and, as I stated above, I can be terrible wrong here) neither ASEAN nor OPEC nor NAFTA are custom unions. So per definition it is not possible to put them in the same basket as the EU regarding import tariffs. Nevertheless it would be still possible to compare tariffs between the EU and the different countries who are members of the organizations above. But one had to do this sector by sector and always in regard to the country of origin. I'm quite sure that tariffs of let's say on import of coffee to Malaysia differs for Ethiopia and Italy.
Can you provide an overview on this topic somewhere in the net? I unfortunately can't.
Could you cover the EU-Pacific Interim Partnership Agreement (IEPA)?
Could you also do a video on the Commonwealth? What was the (original) idea behind it, how has it developed, what is its current state, an what might the future look like.
It got shit canned when the uk joined the EU
The Commonwealth was a last ditch attempt by the UK to retain political and economic influence and relevance in the modern world, it was a dated concept even before it was created and today it's only significant purpose is the Commonwealth Games and the occasional visit to the members by the British Royal Family. It is to all intense and purpose a social club and I suppose that is not a bad thing.
I’d like to see the EU trade deal with Canada covered.
Pretty sure he’s already made a video on that already
As a European, I really wanna try Tim Tam! 10:03 😋 🇦🇺🇪🇺
Tim Tams come in a wide variety of flavours but I still prefer the original. A lot of people are obsessed with them. I'm not that big a fan but there's nothing like freezing them and eating them on a hot day ... delish.
Good new Zealand playing 3d chess
In view of the fact the UK is asking the EU for a Canada style agreement, that should be covered next!!
@Darth Brino Isnt that true of the Australian and New Zealand deal they have just covered?
As a dual NZ and EU national .... both New Zealand and Australia should from past experience (when the UK shafted NZ as a primary producer when the decided to purse membership of EEC as it was then) concentrate on the EU trade deal but if, it suits and out of convenience can conclude something along the way with the UK then all good for us.
For the UK we (for those of us old enough) remember your past actions and as has been demonstrated to date (it might ultimately be proven to not be so) but Boris Johnson et al have shown scant regard for the political agreement or even the vaguest understanding of what they signed... so the UK (English) definitely have form and may well seek to rejoin the EU again (and so life repeats)!
Jonathan Mentink I remember when Britain entered the common market they kicked Australia to the curb and moaned when they had to pay a fair price for Australia sugar after 99 year agreement ran out.
Yes, we in the U.K. are sitting in fear wondering if NZ might be so kind as to do a trade deal with us. A deal that the U.K. gov actually forecasts will lower U.K. GDP. We may be desperate for trade deals but we’re not that desperate. Enjoy increasing reliance on totalitarian China.
Angus Dorset Unfortunately it is the UK 🇬🇧 who is walking away from the largest and probably high value market (which coincidentally just happens to be ‘just’ across the channel from you)! But more so once the ‘employee’ loving Tories from unshackled you all from the EU’s labour protection laws (also known as a fair days pay for a fair and safe days work) it is the UK that will be truely exposed to a rush to the ‘free trade’ bottom of the barrel against China and many other parts of the world: Vietnam, India et al. As for New Zealand it is relatively a tiny economy so can never aspire to produce many of the things it needs and so can focus a things such as high quality primary produce and related value added food products etc. And until Covid-19 screwed us all over tourism and even world class technology and innovation (did you know we flew a monoplane before the Wright Bros bi-plane,’? Did you know we lead the world in development of refrigerated shipping?) such Xero and Rocket Lab!
Jonathan Mentink I love NZ, I visited just before the pandemic. Great country that can certainly hold its own and has no urgent need for a trade deal with the U.K.. However I have seen numerous kiwis, particularly those who are ideologically opposed to Boris Johnson try and make the argument that ‘ah ha now the Brits are desperate, lets stick it to them’. It just seems so silly to me. Putting politics aside, the two countries are incredibly similar and I see no harm from more harmonious trade between the two countries. It’s not like Britain actively wished to end preferential trade with NZ in the 70’s. The EEC wouldn’t allow it. If you think it’s silly for us to leave the EU now, surely you can’t think it was silly for the U.K. to join the EEC in the first place. And as I say again we may be desperate for trade deals but we are not so desperate that a NZ trade deal is going to make or break really, anything. I think it would be a pleasant thing to have though and beyond the internet I imagine most Kiwis would agree. It seemsJacinda Arden is certainly willing to put political differences aside to encourage a deal. Good for her.
Angus Dorset I think we are both on the same or at least similar pages! Ultimately the UK 🇬🇧 needed to join the ECC and what we can also agree on I think is the madness of leaving the EU ... the UK should have been focused on making the EU better a la it’s promotion of the ‘Single Market’ 💡 idea which it is now abandoning in favour of ‘free trade’ ... go figure! 😟 And finally, any deal with NZ or OZ will materially change anything for the UK 🇬🇧 but it would still be in the interests of all parties to continue trading with each other 👍
European Union - African Union relations, please!
you should explain what is meant by WTO terms or rules .
Can you give me some statics on Australia and New Zealand negotiation on trade with the EU before the referendum in 2016 please.
I'm British and as far as I'm concerned the UK can do one. So long as the other countries benefit from CANZAC at least as much as the UK, I'm in favour of it. And I hope Australia, Aotearoa/New Zealand, and the EU can benefit from their deal equally.
Problem with CANZAC is Australia, New Zealand and Canada are largely agricultural / forestry exporters, they would all be vying for the UK market in those industries gaining a small slice of the pie each. There is little gain in entering a free trade agreement of 4 nations where 3 of the countries already compete globally in the same industries. Regarding national defence and immigration in CANZAC it would benefit no country as all 4 nations already have cues for immigration and they pick and choose based on skills required, defence wise 4 nations with limited military capabilities on opposite sides of the globe isn’t realistic.
CANZAC is nothing more than the daydream of Brexiteers to have their own 'EU' with them at the helm, like the Englanders do in the UK, made up of former colonies.
I'm kiwi and wtf is CANZAC 😂😂 u guys juat hijack our name lol nah jk we love u cambodia
Won’t happen. Australia is detested by the EU and needs to partner with other countries.
@@joansparky4439Really? Btw, Australia was never a British colony.
EU-Vietnam would be interesting
An EU- Vietnam deal was just signed this week past. You should pay more attention to EU media.
fitzstv who told you I didn’t know that ?
@@LeojPT No one told me, I pay attention to the news.
@@fitzstv8506 wow it's so nice as an EU citizen I'm gonna buy 'if imported' that tropical fruit from south est Asia the Durian
About half of NZs European exports are to the UK, more than that for Aus.
A video on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership please!
I would like to know more about the Japan deal
Trade realtions with countries like Russia or China would be interesting!
Nah China lost it's privileges. when Xi Winnie the ping declared China owned the world and basically the south Pacific too obviously he didn't think how hard just fighting the kiwis and Australians will be.
We don't even have to do shit right now. India's going to fire first then the u.s moves in then our fleets will come help. China's absolutely f%$ed either way.
I used to work with Chinese. In China, our products are revered and praised more so than any Chinese products even made by their own people. Especially the ones they really want. I couldn't care less. After the crap they just pulled they're lucky India and u.s aren't invading them.
I’d like to hear a more in-depth video about 🇪🇺/🇺🇦or🇲🇩or🇬🇪.
In past it was very discused prepared agreement with USA known as TTIP. It should be interrestig to explain why the TTIP was considered for controvers and why this agreement failed. 🇪🇺 🇺🇸
Always want to know what New Zealand is up too
So the EU wants no tariffs on industrial goods while keeping up protections on agriculture? It's just another way of making German companies richer. I hope the negotiations stall forever, this is not really in Australia's interest.
@eres Both, but agriculture is here to stay while mining is a transitory boom.
Looks like Bojo won’t be able to call no-deal ‘Australia-style deal’ anymore.
he never could
So when did the EU demand 'a level playing field' and rule of the ECJ over Aussie and Kiwi economies as part of an FTA?
How does the Netherlands have big problems in their parliament?
Ten years negotiations..pfiew. The U.K needs to hurry .
Australia would be better off negotiating Free Trade Agreements with EU member states that might leave the EU soon. It will happen sooner than an EU FTA.
Only UK has left.
The rest has seen what a shambles it is
The idea of countries leaving the EU is simply brexiteers wanting validation, nothing more.
@@notch7139 being a member of the EU is like being in an abusive relationship. Eventually more member states will leave under the weight of tone deaf EU governance, austerity, taxation and debt slavery.
@@notch7139 and all the news reports from the EU of the internal stressors is just the EU trying to give brexiteers validation.
@@philipandrew1626 "being a member of the EU is like being in an abusive relationship."
Such a childish comment.
I don’t fancy NZ’s chances with the EU and it’s super protected French farmers. I back a deal with the UK any deal with the EU will be full of exclusions. I don’t like all these other clauses that have nothing to do with trade ‘ie gender equality etc’, especially with super liberal states in the EU, Australia and NZ. Why even have them, when we have signed up to the UN conversions.
Gender equality clause was put in by NZ not the EU
@Ginger the problem is that it doesn't always mean what it should with some people.
tbh Agricultural Protectionism is to keep Food supply secured
Can't see why Oz/Nz has any incentive to sign up to these proposals.
The U.K. is toast, everybody is fed up with the Tory/ERG arrogance, and the fact that they have not come to terms with their new diminished place in the world.
Brexit will be a catastrophe.
@Alistair Bolden, don’t feed the world feed your children.
@Alistair Bolden As long as the UK was in the EU, yes it would be the 5th economy. Unfortunately it will revert to pre and the 70's economy. SEcond largest by copying and getting other countries design to sell...we alkil know about BAE and hot it operates.
@Alistair Bolden Have you ever heard of the IMF? From which world are you coming from. Delusional, very likely. You should study your economic history before writing this nonsense. Not for nothing the UK was called the "sick man of Europe".
why sell to a corner shop when you could sell to a supermarket next store
As a business owner, I would much rather sell to a locally owed small store than to Wal*Mart.
Not only will I end up getting more for my product, I also will have to worry far less about the giant corporation just stealing my designs and having them mass produced in China.
I also wouldn't have to work myself to death trying to meet unreasonable demands from the giant company.
All these apply to the EU as well, they just try and bully their way to whatever they want. But with the UK leaving, they just aren't going to be able to do it any longer.
Instead of Wal*Mart, they will go the way of A&P.
It's not either / or. You can sell to the supermarket next door AND all the corner shops all around the place, thereby incrementally increasing your net revenue.
@@VME-Brad carry on dreaming
Because supermarkets regularly cut their suppliers margins to the bone? Far more profits made by dealing locally.
@me and me I have my milk delivered to my door by a local dairy. Its slightly more expensive than at the Co-Op but I know I am helping my local economy and its delivered.
What’s the deal with countries that are close but outside the EU, in particular Turkey and Israel?
The UK as an EU member had good trade deals with the two mentioned nations these deals end for the UK on Jan 31 next and new deals will have to negotiated (which will take a lot of time and will be no better than the EU deal).
The Switzerland deal
The French know they cannot compete with NZ wine and lamb. Hence their Maginot line resistance through the EU. We shall go around them.
They've also listed dairy and fruit as, “sensitive products”, not up for discussion. Add these to the ruminant meat (lamb) and wine that you mentioned, and you’ve four of the five main exports from NZ.
@Shogunat Newexa 幕府 ... you need to learn more about NZ and Aust.
@Shogunat Newexa 幕府 Both Australia and New Zealand have the same food standards as EU and UK. We even have the same welding standards ....
@Shogunat Newexa 幕府 ..... Like I said in the beginning 'you know very little about Aust & NZ'. ..... Its not burning.
The French did the same with the EU - Mercosul trade deal. Of course they used a defamatory campaign against Brazil to justify it.
Are we supposed to conclude that the timing of these negotiations are entirely coincidental?
The eu had fully 40 years to get up off it's butt and start talking to the ANZACS but chose not to, what do you think might have prompted them to only begin serious talks since 2016?
Also, I detect the rank hand of France in these negotiations, especially concerning the eu's agricultural red lines.
I would like this excellent channel to cover the 20 year long talks between South America's Mercosur and the eu.
if you look at a map coincidental. The EU went from geographic importance to economic impact and obviously chance of finding agreement. After the G7, with the US agreement failed and a lot of regional agreements with smaller but closer countries they now negotiate with the entire South Eastern Asian block of countries at the same time.
Also underlying international legal requirements changed in the interi, e.g. WTO did not exist until 1995
Damn the cunning Frenchies!
Do they not realize that the Antipodes are OUR colonies?
Assemble a fleet of our mightiest sailing vessels at once!
An ambitious FTA as the modernized agreement between EU and Mexico is worthy of a video as this one.
What about Turkey and/or Ukraine?
If the EU is going to remain protectionist in regard to agriculture products then Australia and Definitely New Zealand will gain little in having a free trade agreement.. Agriculture makes up a large part of Australia's exports and in the case of New Zealand the majority of their exports.. Australia is a very large mineral and energy exporter as well..
No hormone beef. Anything else we can talk. The same for NZ. I think there are good conditions for trading.
i think agricultural protectionism is good as the only protectionist policy of Europe, its not only about keeping farmers employed, its also about protecting the amazing food standards of the EU
@@user-tk2lf1dv3s What? Where the leading killer of immune compromised people in Europe is from toxoplasmosis?
EU standards on food are downright fucking scary. One of the few places in the world where a person with AIDS can die from eating a kebab. The EU has never had good food standards. I know. I saw them personally. Unsanitary conditions, lacklustre river contaminant provisions, unhealthy stock intermingling.
The abattoirs are also a fucking joke. Refrigeration was only extant in trucks in one that I saw.
This is why people drop dead from eating EU food. The Chinese were buying milk powder from Australia and New Zealand, not the EU, for a reason.
@@adelahogarth2761 ever went to the US? They wash their eggs and throw cancer causing shit in their drinks
Furthermore taking China as a good judge of foodsafty when their lack thereof allowed someone to eat an infested animal that caused a global pandemic is a bit ridiculous
we EUropeans are getting more COMMONWEALTH than the UK :-D
Did you always use a VHS Tape Cassette as pictograph for "video"? I feel old now and Betamax *was* better. One more note: it becomes quite obvious "comprehensive (not 'comprehendible') free trade agreements" take in average 12 years to be agreed on and ratified. How many did the UK complete until now to replace the EU deals? I mean something else than WTO rules.
What i missed here is a distinction between eu and eu+uk ... comparing numbers fron pre brexit eu and not showing the percentage of uk is .... misleading...
Refer to Office of National statistics in uk for reliable information. Do not go to fact check sites especially if it is from the conservative party
As an Australian, why the would we sign up to such a deal?
Did you not watch the video? There is clearly a net benefit to the Australian economy if a deal is struck.
Because liberalised trade would increase economic growth in Australia. Economic growth is a good thing.
@@Chris-yu6ow Yes, I did watch the video. However, if you had listened closely you would have found that it would be the EU setting the terms. We'd be better under WTO, especially given that the EU is in major trouble. The UK has left and there are at least 2 other countries (Italy and Poland) that are looking to leave.
@@bofostudio Economic growth that we already have, or could have, under WTO terms
Lokai except that’s not true at all. SELLING MORE STUFF IS BETTER FOR ECONOMIC GROWTH THAN NOT SELLING MORE STUFF. Tariffs are bad for selling more stuff. Free trade deals reduce tariffs. I’ve tried to dumb this down as much as possible because unfortunately, that’s clearly necessary. It really would have been easier if you’d actually watched the video.
It will come down to value alone of the trade deal, and then AUS and NZ will choose EU over UK - vice versa wouldn't make any sense economically....
You're right, economics is the only thing that politics is about.
Australia and New Zealand don't really have any interest in the EU or its recent abuses. A massive movement is going on about the whole CANZUK union with prime minister's and canadits campaigning for it. UK is already trying to get more involved in the Commonwealth.
@@mitchellgruninger9992 Yes, brexiturd like you will defy reality.
@@tonyroy8123 it isn't an opinion it is a fact, UK Australia and UK New Zealand trade and freemovement deals are being done right now with videos of each prime minister vowing for CANZUK and promoting it. It isn't an opinion it is a fact the UK has tried to remove the EU flags for the Commonwealth flags. It isn't an opinion it is fact that Australia, New Zealand, Unites Kingdom and Canada have focused on the Commonwealth more lately getting involved with India with Australia defence deals and the five powers doing exercises (Malaysia, Australia and Singapore). It isn't an opinion it is a fact that through polling the idea is more popular than any other and it definitely isn't an opinion but a fact that countries like Malaysia, Singapore, Japan, Australia, New Zealand, Canada, United States have all performed extremely well outside of the EU. It is also a fact that historically Australia and New Zealand economics relied heavily on the UK and the UK joining the EU crippled them so much China came in. It is also a fact that Australia and New Zealand are reacting to Chinese abuses and are looking for new reliable and sustainable partners. It isn't an opinion it is a fact that people all around Africa especially British Africa and surrounding nations of British Africa WANTS more UK intervention in the Commonwealth. It isn't an opinion it is a fact the UK is focusing on getting more recruits fr okm foreign nations like Nepal. It isn't an opinion it is a fact that countries are even considerring rejoining or joining the Commonwealth like Nepal, Zimbabwe, Burma and South Sudan. These are not magical plum fairies of Russian composer and these aren't magical ideas these are idea in which Britons value and the value of all who were Britons and still classify as Britons. As an Aussie I am both ashamed and disgusted with how ill informed, ill reflected and ill mannered some of the Brits really are. And economically the UK could put themselves in a position of surplus trading goods and/or utilise their newly economically developed ports to trade with the EU. Their goods woukd be highly valued not quality but in quantity with nations like South Africa and India. Nations.
In future if you wish to gamble with stupidity and assumption have some facts to back you silly intuition or else face the wrath of facts.
@chris andrewes Exactly. Australia and New Zealand are already in negotiations with both the EU and UK. It seems the UK deal will likely be finished before the EU deal as well based off of the UK's enthusiasm for a deal and given the fact the EU is getting picky over names and licensing issues with AU/NZ products + sees their strong agricultural industries as a potential threat to their own.
Please do Turkey and Mercosur?
What about the EU and Japan trade agreement
As a Kiwi its been frustrating as hell seeing the EU make grand statements against economic protectionism while they're guilty of the exact same thing. i.e. One point made after the last round of negotiations was that the EU was fighting hard against NZ cheese (dairy is a big thing for us) with tariff rate quotas for 15,000 tonnes of cheese over a decade. Despite the fact that the EU eats over 10 million tonnes of cheese per year and even if we sent every crumb of cheese we made per year we'd barely be able to scratch the market.
Edit: A lot of people are going on about how they already have to much cheese and milk and how adding NZ’s imports in will worsen the situation. THATS THE DAMN POINT. The tariffs are in one direction NZ to EU but NOT EU to NZ meaning we would be flooded with EU cheese but we’d have to deal with tariffs while also competing with a wave of EU competitors hardly a fair deal. If it was at least open both ways NZ companies would lose local ground but would have the chance to make it back in new markets.
I'm guessing that's because we in the EU are essentially drowning in cheese already, we have a massive surplus of milk and dairy products. So selling even slightly less would make an already catastrophic situation worse, but then again, I doubt that in term of price NZ would be able to compete. I have a feeling that this agreement is there to protect NZ dairy from cheap EU fairy, not the other way around.
Blame the french, they have a superiority complex about their cheese but won't back it up on an open market.
1. French 2. Every other nation in EU produces it's Cheese and it needs protecting. Like someone said - we already have too much cheese. I would hope to buy one from NZ though to try it.
And yes EU is against certain types of protectionism. With some exceptions - something that UK forgot about when they bitched about not being able to save their industries - which was allowed, but under certain conditions. And if smaller nation tried that as well, it might not have been allowed.
Germany is the EUs biggest cheese producer
everyone saying something different are not well informed enough to make statements, I believe
@@whattheflyingfuck... True, but not the biggest Cheese lobbyist. And that's the point. It would also needed to be discussed with other giants of the cheese world as Switzerland, Austria, Italy, Greece and Spain. To lesser degree almost every EU member has a large Cheese making industry - hell it was Poland's main protectionism goal when we became members in 2004 - Our cheese.
As an Australian I am far more concerned with developing even stronger ties with the UK over and above the EU.
Why? The EU is a much bigger market
@@ganjafi59 a small but favourable deal would be preferable to a large one of marginal benefit and the UK might be more likely to offer something worthwhile.
The EU protects and subsidises it's farmers up the wazu so there's not much incentive for our Agri sector. With our proximity to Asia and countries like Brazil's proximity to Europe there's probably not much in it for mining. Education, another large part of the Australian economy wouldn't gain much from a deal. The financial sector is more tied up with Asia and the UK than Europe.
In both cases neither Europe or the UK are that important to the Aussie economy. It would be nice if deals could be made but it's hardly a make or break situation either way.
@@somethinglikethat2176 tyll this to NZ Lamb exporters :))
Well, indeed. The UK is about to shit the bed and will be desperate for a deal. The EU is stable and will be concerned about pissing off its farmers.
Please tell me there's a deal with Brazil!
Yes we have 2 NZ sheep's for 2 Brazilian bootys pls.
I am a little confused. When you say that the EU would drop tariffs on most agricultural products except for the following- rice, cereals, sugar, fruit, vegetables, ruminant meat and dairy, you are basically outlining the bulk of agricultural products. In other words, they are not dropping tariffs on agricultural goods at all.
Because they can't compete with Au/NZ ag products (;
@@NickSquids I know. It was more the poor phrasing of the video that I disliked. He should have stated that they are maintaining tariffs on nearly all agricultural goods.
UK babbling about CANZUK when the EU has a Canada deal and one close to be done with ANZ.
Me Neither , that whole CANZUK topic is one of the many Brexit pipedreams.
Trade with the EU does not negate CANZUK any more than trade with the USA or China does. CANZUK is about more than just trade. China also trades with 🇨🇦🇦🇺🇳🇿 countries but there will never be a 🇨🇦🇦🇺🇳🇿🇨🇳 alliance. CANZUK countries share a head of state, very similar political and legal systems, close military and intelligence cooperation as well as being historic allies. The same cannot be said between CANZUK nations and any other group. CANZUK proposes: a more secure form of freedom of movement than the EU (based on existing agreement between 🇦🇺 and 🇳🇿); Free trade as well as building a new alliance. Alliances are more important now than ever in a world where shifting superpowers like China and the USA are battling it out. UK-AU and UK-NZ talks are progressing well with UK-CA talks in the pipline. Its early days (the UK is only a few months into Post-Brexit trade negotiations) but there is support in all four countries for it. In the coming decade, I see CANZUK as the natural progression from the FTAs being brokered now 🤷
@@mark63424able "shares a head of state"
As if the Queen had any power.
BJ needs a shiny object he can dangle in front of the public to distract from the looming No Deal Brexit. If I were an Astralian or NZ negotiator I'd hold off on any concessions till after Brexit. If it's No Deal Brexit, which I expect it will be, you have a much, much better negotiating baseline. BJ will need good news...
@@abbofun9022 The idea wasn't created by Brexiters. It was put forward by the Canadian government.
🔥 CANZAUK 🔥
Interesting
Canada-EU deal please
Gee I thought that the EU did everything that it could to keep Australia and New Zealand out of its markets. They are not impressed with England striking up a post BREXIT trading deal with Australia.
No idea on how the EU works. You can trade with anyone in the world even if you are in the EU. If there is no trade deal with EU then you trade on WTO terms.
Honestly I am giving up with little england
@Daniel Eyre It started in 1973 when Britain joined the EU and the EU imposed trading restrictions on them that effectively stopped them importing and trading with its Commonwealth countries. Virtually over night in Australia, British imports at the time dried up forcing Australia to import from Japan. Within five years there were virtually no new British cars, electrical appliances or food products being sold in Australia. In 1971 30% of merchandise on Australian shop shelves was "Made in England". Today "Made in Britain" is as rare as rocking horse poo in Australia. We had a term that described the old British Empire/Commonwealth trading arrangement. It used to be called "The Axminster Empire" which was effectively a Comonwealth based trading block that referred to the closed trading of raw materials, textiles and manufactured goods which excluded countries outside the Commonwealth.
CANZUK !!
CANZUK and EU strong together!
@@quintiax CANZUK and the EU are two totally different things. While ideas about it vary, very few people want CANZUK to have a government functions or be a customs union. It would be free movement and working arrangement similar to what Australia and New Zealand have already and maybe a FTA.
While I (Aussie btw) like the idea of the EU it still has too many core problems (eg. much like the UN security counsel permanent members nations can escape censor if one of the others will protect them or the differences in economic output and financial restraint between the member states) and adding the CANZUK states wouldn't fix any of that.
CANZUK will depend on EU trade deal with CANZ :)) Uk is dead, NI will join Ireland !
@@somethinglikethat2176 They wont want to lose their trade deals with EU because of England !
CANZUK is the best idea for all the member countries. It has very high polling figures in all 4 countries, the lowest surprisingly been the UK.
TL:DR. A list of EU preferred projections without reference to how long the talks have taken ( you’re welcome)
The UK can negotiate quicker and worse deals.
It will have to, it ain't got any decent deals, unlike the EU.
Notch 7 Late news tonight the Canadian/EU treaty cannot be ratified due to Cyprus Halloumi! LOL
@@notch7139 The UK doesn't want a deal with the EU
What do people mean when they say CANZUK? Freedom of movement? Economic union? Even political union? There are different shades of the idea.
That’s half the problem really. There isn’t really a set agreement as to what CANZUK would be. It’s been debated in all involved countries ranging from basic FTA agreements to a somewhat economic and political union. It’s a bit of a mess unfortunately.
The core of CANZUK is FTA between Aus NZ canada and UK, aus nz and canada all share FTAs and are all in the process of FTAs with UK. And freedom of movement similar to freedom of movemt Aus and NZ share, this is to grow and foster closer economic and political ties
Canzuk on the world stage.
too distant to be efficient
Didier Lemoine geography does not matter to much these days. That’s why container ships and transport planes were invented.
@@maxpowerii7368 It matters very much, container ships don't replace trucks and trains between countries that border together.
WE NEED TO GO WITH CANZUK
@Daniel Eyre I would describe as a mix of good ideas and stupid ideas.
Good ideas: Countries which are basically similar would mutually benefit if they cooperated...
Stupid ideas: ...BUT EUROPE DOESNT COUNT ONLY THE EMPIRE.
Canadas main market by far is and will continue to be the US, Australia and New Zealands main markets are and will continue to be the Asia Pacific region. The UKs main market is and will continue to be Europe.
A combined Canzuk market is still only 120 to 130 million people or about 20% of the EUs market or about 3% of the worlds market.
Get a trade deal done with the EU and we can all get on with our lives with some hope of success or better still rejoin the EU and stop this futile and arrogant attempt to return to the old days of Empire.
fitzstv couldn’t have put it any better, the concept of Canada, New Zealand and Australia all vying for the UK market in agriculture and forestry is redundant
@Richard Richards
So it's not enough for you Englanders to command the Welsh, Scotts and Irish around, you now want to re-vive the same thing with your former colonies?
Not a chance in hell. Love from NZ.
Ahhh so now I get why New Zeland primer minister praised Spain president Pedro Sanchez, she wanted to get the vote of Spain with the EU agreement? XD If not I don't get it jajajaja
EU-Argentina's trade agreement.
New zealand will push hard to sell our dairy products to the EU, we have fairy farms for days!
I'd definitely would like some fairies in my house! Didn't know they existed.
@Taiwanlight ha, but in all seriousness in NZ we are very concerned at just how much you guys subsidise your agricultural sectors, we're we don't give our farmers any subsidys at all, apparently due to this our farmers are worried about our markets getting flooded with cheap cheese form the EU, other than that it's about the only real sticking point from our side
Daniel Eyre oh yes for sure, I’m living in France at the moment and the cheeses here are much much nicer, New Zealand cheese is just ... not even worth mentioning 😂😂
Daniel Eyre New Zealand beef does not come from dairy herds. Dairy beef is inedible and only used for dog food
Daniel Eyre inedible for humans, dairy cows simply aren’t nice eating and no wholesaler or retailer would buy them. I say this as a food wholesaler who sells meet and grocery items to restaurants and supermarkets. Completely different breed of cow, breed for different things. Dairy cows make good leather and milk but that’s it.
Got to love how the Boris is acting like his country is still on top, even though the ball is in Australia's and New Zealand's court.
As if it has some economic authority over the Aussies and Zealanders. HA!
@Darth Brino I have not heard, but funny if true. That would be HILARIOUS and a snap back to them.
This is ture, but fortunately in both countries we still think of the commonwealth as a fairly positively thing, so both NZ and OZ still want to have close relations with that organisation
@Darth Brino ture, but I I don't think it would be a bad thing for, oz, NZ, UK and Canada to be in some sort of economic union, 🤔 basically just the 5 eyes less America
@Darth Brino I remember reading about that. They tried it on NZ too. Of course, they refused to reciprocate. They should know by now that this corner of the world is no push-over.
@Darth Brino well said the brexiteers are totally deluded They are in a time warp.
There is a problem with a across the board free trade agreement and letting everything go wild to the market, in that it can undermine the self sufficiency of a country for its basic needs.
If Australia can produce food cheaper, and out compete local markets simply by being able to scale up more. Then in the long run a country can be totally depend on imports for its basic food needs.
And that is leverage in global politics. Countries should try to keep and produce most their basic needs themselves. Or as a equally depend deal, both having similar amount of skin in the game.
One of the aspects of the Netherlands is that they have very high food safety stands. E.g. for hormones in meat. But imported food, often don't meet those standards. This creates a situation where the imported food doesn't have to meet the same standards, can be cheaper, and out compete local businesses, because local businesses still have to uphold the rules, making their products more expensive. The failure in thinking here is, that the Netherlands should focus more on quality control from what shops are allowed to sell and how much of basic need products their allowed to import, than trying to control it all through a trade agreement. The problem often is, that trade deals undermine local food safety laws, because trade agreements enforce penalties if free trade is inhabited. I see this more in a failure in negotiation, and a lack of foresight/insight. Lowering food safety standards is not acceptable, and often results in a no deal.
Higher economic growth is not everything. The freedom to choose your own rules and regulations, or independence can be worth more. Though in the current global politics arena, it would be best to have more trade deals with other countries. Even if it is just to become less dependent on the big communist bully that is eroding freedoms around the world, and that we let continue to silently commit genocide because of its economic might. Eu deals can be a bit of a mess. The EU has lots of different people, with different values, cultures, languages, and different wealth, and different local laws, which can making reaching a consensus on things that does not benefit everyone really hard and a long process. Sometimes it would be better to let a deal go through with some EU countries opting out, than to let perfectly good deals for the majority breakdown.
Ideally, imports in trade deals should be subject to level playing field requirements - the goods have to be of at least equivalent standard to locally produced goods, and in areas where there's a significant market in locally produced goods, tariffs set to bring them up to an equivalent retail price. There's also a concept of variable tariffs - e.g. orange imports to the EU are charged at around 3% outside the Spanish orange harvesting season, but increase significantly during that season, for obvious reasons.
They haven't got any money.
Eu strikes deal with australia before uk does? what would global britain do?
Carry one with its own negotiatons with no reference whatsoever to the EU and not needing permission from all the other members,,, sounds good to me.
@Daniel Eyre Being back in the EU will remain a Remoaners fantasy... Does Jim Henson know your out?
@Daniel Eyre Ohh... an insulting human spellcheck..... Im happy you're (Happy Now?) not of this country... and when we have to sort out any of our problems we dont have to consult and get the agreement of 26 others..... We can arrange to trade with who ever we like without asking anyine else.... and I dont have to hand over a single penny to the corrupt monstrosity in Brussels... Oh and, anyone ever tell you you remind them of Wadorf & Stadtler?
So sit back and wait for the EU to come after even more of your money....
Can you make a video explaining the EU-Vietnam trade agreements !! Thank you
Isn’t it like a trade agreement with the asean organization and not just vietnam? I think
@@caroselloshow5615 No, it is EU - Vietnam deal, ASEAN - EU relations are in much larger scale and thus under heavy negotiating and planning.
@Carosello, if I’m correct this is the first of its kind deal that EU has signed with an developing Asian country !
Do one about CANZUK please
Silliest concept ever
why is this on my recommended 👁👄👁
Great video but you should have explained that what is labelled protectionism by some is called public health / animal welfare standards by others. Disputes probably relate to use of hormones in beef and GMOs.
If it were true they would
Did you actually check whether hormones are added in NZ or Australia before making that statement?
Hormone growth promotants are registered for use in many countries including Australia, New Zealand, the USA, Canada, South Africa and Japan.
Not EU, not UK.....unless Tory MPs can make money on the deal.
I can see the concern for beef (as ~40% of australian beef is hormone treated) but as for GMOs that's cotton, canola and safflower none of those gmo products were included in the sensitive must be protected list.
South Africa 🇿🇦 and eu
hell no!
Could you speak about Pacific alliance (AP) were Chile 🇨🇱, Perú 🇵🇪, Colombia 🇨🇴 and Mexico 🇲🇽 are trying to build a common union and free movement of capital, people and goods? And maybe if there is an opportunity of partnership between them and EU
It seems like the EU has some agreement with like every country..
What about the EU-switzerland negotiations???
I’d like to see a video regarding the EU’s relations with the African Union
New Zealand is not a state of Australia.
agree, they are two states of australia
Yeah its more a province
Exceptions : Rice sugar fruit an vegetables, ruminent meat and dairy. I predict a very long negotiating if the EU maintains these red lines.
Isn't that more or less a list of things Australia exports?
@@goodlookingcorpse Exactly. The EU grabbed the UK market for these from Aus &NZ 46 years ago. Now ANZ may get them back. Brexit is significant for these two countries even if younger people don't understand the history. UK needs food an fibre and ANZ were initially established to provide these. UK still needs these products.
@@alvanrigby6361 " The EU grabbed the UK market for these from Aus &NZ 46 years ago."
The UK decided to abandon Australia and New Zealand in favor of the EU 46 years ago, and you want this to be the EU's fault.
"Brexit is significant for these two countries even if younger people don't understand the history."
Younger people have a vastly more accurate view of history than Leavers.
"UK still needs these products."
I suspect that Australia and New Zealand will probably get good deals with the UK, who will be desperate--at least in the brief interim before the UK either comes to its senses and crawls back to the EU, or ends up giving everything to the US.
@@goodlookingcorpse Didn't mention fault did I ? If the EU wants to compete in the UK market on equal terms then that is OK with me.
@@goodlookingcorpse So no young people are leavers. I didn't know that! One learns something everyday! wow
Your comments indicate that increased liberalisation is beneficial in all areas which matter for a rules based respectful relationship with trading partners.
Conservatism on the other hand seems to mean dropping back to a corrupt elitist minority whose self interests overrule beneficial government for the majority of countries populations.
Unfortunately the UK with Brexit has chosen a self destructive path which has meant losing friction free trade with our largest, closest, trading partners and to undermine trading standards and citizen and workers rights for the majority in favour of a corrupt elite.
Next year the reality of the situation should become apparent for people of all opinions to see.
Barry Webber: Sorry Barry Britain's Civil, social and Employment rights are in General higher than most EU countries in fact they are considered the gold standard in Europe.
I also suspect our Trading and environmental standards are also higher.
I remember watching Andrew Neil interrogating a French MEP where she was making the point the EU/UK Trade deal was stalling because the UK would not sign up to and commit to a level playing field on Employment rights, Environmental standards and state subsidy and Neil pointed out the UK in most of those areas already enjoys a higher standard and in state subsidy France spent twice as much and Germany four times more in state subsidy than the UK and perhaps the EU should raise their standards to conform with the UK.
She had no answer.
@@raymondbullock4557 Everything is rosy in the Brexiteer garden. Sorry I'm not convinced. We will all see the results next year.
New Zealand is vulnerable to China. They're gaining influence across the Pacific and we are firmly working to stay independent, though it obviously depends on the leadership as to the amount that we accept from China. It's important for us to have other trade that we can rely on, especially when we're doing things like speaking up about Hong Kong and the situation there at the moment.
And there is another thing UK is just at the other side of the channel
Mercosur and EU deals