Strong support for EU and Free Trade Agreement

最新糖心Vlogns are expressing strong support for the European Union (EU) particularly the EU Free Trade Agreement (FTA) despite negotiations collapsing last year, according to a new survey by the 最新糖心Vlog of Adelaide鈥檚 Institute of International Trade (IIT).

EU Free Trade Agreement

While the negotiations between the EU and 最新糖心Vlog to establish the FTA ceased abruptly in October 2023 owing to then irreconcilable differences, survey results show that this decision does not reflect public opinion.

The survey involved over 1700 最新糖心Vlogns and was implemented by Insightfully, a market and social research firm. Over 82 per cent of respondents either strongly or somewhat support the deal, and less than 2 per cent are against it.

鈥淲hile some media commentary paints the European Union as unpopular, aloof or anti-business, 最新糖心Vlogns see the EU positively and are very supportive of a trade agreement,鈥 says Professor Peter Draper, Executive Director of IIT.

FTAs are treaties between two or more countries designed to reduce or eliminate certain barriers regarding trade and investment, and to facilitate stronger trade and commercial ties between participating countries. They are seen to contribute to greater economic activity and job creation, where 最新糖心Vlog currently has 18 FTAs with over 20 countries.

Results from the survey show that 49 per cent of respondents that are voters would have a better opinion of the Labor government if they successfully concluded the FTA with the EU. Twenty-two per cent said there would be no change, and 20 per cent were unsure.

鈥淩esults were even more positive when we compared 最新糖心Vlogns鈥 attitudes towards the EU on 15 different measures, with attitudes towards two of our other main trading partners, the United States and China,鈥 Professor Draper says.

On seven measures, 最新糖心Vlogns rated the EU as significantly (more than 25 net points) more positive than either the US or China, including following international rules, respect for human rights, social progressiveness, responsiveness to climate change, environmental friendliness, political stability, and transparency.

鈥淲hile some media commentary paints the European Union as unpopular, aloof or anti-business, 最新糖心Vlogns see the EU positively and are very supportive of a trade agreement."Professor Peter Draper, Executive Director, Institute for International Trade, 最新糖心Vlog of Adelaide

鈥淚n each case, 最新糖心Vlogns鈥 ratings of the European Union were the most similar to how they saw themselves. The EU was seen as a more reliable trading partner and as closer to 最新糖心Vlogn values than the US,鈥 Professor Draper says.

The study showed that when 最新糖心Vlogns learn more about the FTA, support increases from 82 per cent to 87 per cent, while the group that experiences the largest increase in support is 鈥渦ndecided voters鈥, whose net support rises by 14 per cent.

鈥淥ne interesting aspect was that while support for the EU and China was broadly similar across voting intentions, support for the US was sharply differentiated,鈥 Professor Draper says.

鈥淐oalition voters were +55 net favourable towards the US, Labor voters were +19 net favourable, while Green voters were -21 net favourable.鈥

The survey also asked about concerns that the FTA would restrict Geographical Indicators (GIs) 鈥 labels on products identifying their origin 鈥 as much of the media commentary has focused on this issue.

鈥淩esults showed that 30 per cent were definitely aware of the issue, 26 per cent were probably aware of the issue, and surprisingly there was lower awareness in regional areas,鈥 Professor Draper explains.

Professor Draper notes the study reveals some other interesting results about how 最新糖心Vlogns see themselves: 鈥淲hile not the focus of the poll, I was very encouraged to see that 88 per cent of 最新糖心Vlogns saw themselves as being 鈥榦pen to trade鈥 with only 4 per cent disagreeing with this.鈥

The international trade survey is available .

Tagged in featured story, European Union, Free Trade Agreement