Trade Top of Agenda as Prime Minister Albanese Touches Down in Rome

Trade Top of Agenda as Prime Minister Albanese Touches Down in Rome

Australian Prime Minister Anthony Albanese has arrived in Rome with trade dominating his agenda during this high-profile international visit. The Prime Minister is scheduled to meet Canada’s Mark Carney for the first time on Saturday to discuss strengthening trade relations amid growing global economic uncertainty.

The talks come in the wake of recent US tariffs, which have disrupted international trade patterns and sparked concerns among many nations, including Australia. These tariffs impose a 10% levy on a wide range of imports and up to 25% on aluminium and steel products, affecting over 50 countries worldwide.

Australia is actively seeking exemptions from these tariffs to protect its exporters and ensure economic stability. Prime Minister Albanese is also expected to engage with other global leaders, including officials from the European Union, to explore new trade opportunities and reinforce existing partnerships.

In addition to trade, the Prime Minister’s visit coincides with the inauguration of Pope Leo XIV, highlighting a blend of diplomatic and cultural engagements during his time in Rome. While formal meetings with US Vice President JD Vance and Ukrainian President Volodymyr Zelensky are not on the official schedule, informal discussions may provide a platform to address broader geopolitical concerns.

Albanese emphasized the importance of cooperation and dialogue in navigating the current economic landscape, signaling Australia’s commitment to maintaining strong international ties amid evolving challenges.