Europe, Australia set for trade showdown at G-7 meeting in Japan

The European Union and Australia plan to hold critical talks for a free-trade accord on the sidelines of a Group of Seven meeting in Osaka later this month, with both sides indicating this might be the last chance for some time to strike a deal.

Australian Trade Minister Don Farrell and EU Trade Commissioner Valdis Dombrovskis intend to hold face-to-face negotiations in Japan in an attempt to break a July deadlock, European Commission spokesman Olof ...