The European Union is Australia's largest trading partner for the 15th year in a row. The Australian Bureau of Statistics (ABS) has released this week figures that showed the EU in 2015 represented 21 percent or $A29.9 billion of Australia's total services trade. The EU's Ambassador to Australia, Sem Fabrizi, said this was a nine percent increase compared to 2014 figures. "The ABS figures have underlined the ever-deepening economic relationship between Australia and the EU," Ambassador Fabrizi said.
In response to the ongoing El Niño-induced drought which has hit Timor-Leste over the last few months, the European Union is providing about US$110,000 in humanitarian funding to assist the most affected populations.
"The engagement by representatives of both Government and opposition in Arusha opens the way to a credible dialogue amongst all Burundian stakeholders. President Mkapa's personal engagement as facilitator and his commitment to protect the principles of the Arusha Agreements were critical to achieve this.