free trade deal

Canberra, Oct 30, The Australian government's free trade agreement (FTA) with the European Union (EU) has collapsed after failing to make progress in negotiations. Australia Trade and Tourism Minister Don Farrell on Sunday said following talks on the sidelines of the Group of Seven (G7) trade minister meeting in Osaka, Japan, no deal has been reached on the FTA, Xinhua news agency reported. Farrell said in a statement that he traveled to Osaka with the intention of finalising a deal with the EU that would benefit Australian businesses, producers, workers and consumers. "Unfortunately, we have not been able to make…