European Commission President Ursula von der Leyen will visit Australia next week, Prime Minister Anthony Albanese announced, marking a significant diplomatic push as EU-Australia trade negotiations near completion. The visit comes just days after von der Leyen indicated the trade agreement is "in the final stretch," suggesting both sides are working toward a breakthrough.

The timing of the visit signals growing momentum in the negotiations, which have been underway for years. Australia and the European Union have been seeking to strengthen economic ties through a comprehensive trade deal that would eliminate tariffs and expand market access between the two economies. The agreement would cover sectors ranging from agriculture to manufactured goods.

For Australia, securing a trade deal with the EU represents a major economic opportunity, potentially opening access to the world's largest single market. The visit by the European Commission President underscores the importance both sides are placing on finalizing the agreement, with business leaders on both continents watching closely for any signs of progress.