strasbourg european union want launch conclude free trade negotiations australia new zealand next two years european commission president jean-claude juncker say wednesday open potential race britain juncker timeframe achieve eu could nip ahead uk also court countries negotiate independent trade deal leave eu march 2019. juncker say good chance eu would agree main elements new free trade mercosur countries argentina brazil paraguay uruguay update trade partnership mexico end year today propose open trade negotiations australia new zealand juncker tell eu lawmakers want agreements finalise end mandate want negotiate full transparency add current commission term office run oct. 31 2019. eu seek capitalize new trade opportunities response protectionist america first stance unite state president donald trump miss opportunity step whatever space americans leave behind europeans occupy senior u.s. official say juncker say however europe favor open commerce need reciprocity trade partner get give say european union group naive free traders would always defend strategic interest european commission propose right review foreign investment important assets foreign state-owned company want purchase european harbor part energy infrastructure defense technology firm happen transparency scrutiny debate juncker say france germany italy jointly welcome proposal give member state tool intervene juncker mention country eu concern reciprocity investment center china china cosco ship cosco.ul already own majority stake greece big port piraeus share terminal europe large port rotterdam china contribute european union galileo satellite navigation program critics say lead massive transfer technology eu race britain australia nz trade deal