European wine, chocolate and cars to become cheaper in Australia amid landmark trade deal with EU

Australian manufacturers can call their wares parmesan and kransky, but terms like feta, romano and gruyere will eventually be phased out

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European food, wine, cars and fashion goods will become cheaper for Australian buyers under a long-awaited trade deal, but farmers are furious about meagre quotas for meat exports.

After almost a decade of negotiations, Australia and the European Union have struck an agreement that will lead to both sides slashing tariffs and expanding trade across a range of areas.