Ciobo on Australia, U.K. Relations and Trade

The transcript covers discussions between Australian and UK officials on trade relations post-Brexit, highlighting political alignment and the potential for a strong trade and investment relationship. It addresses the timeline and challenges of negotiating a trade deal, considering the UK's exit from the EU. Australia's trade policies, including its stance on foreign investment, are discussed, along with aspirations for a trade deal with the EU. The conversation emphasizes the importance of free trade and the challenges posed by protectionist sentiments.

What is the main focus of the initial discussion between Australia and the UK?

• Tourism development

• Post-Brexit trade and investment relationships

• Cultural exchange programs

• Military cooperation

What factor is crucial in determining the timeline for a trade deal between Australia and the UK?

• The weather conditions

• The UK's negotiations with the EU

• Australia's domestic policies

• The global economic situation

How does Australia justify its occasional blocking of foreign investments?

• To protect local businesses

• To maintain cultural integrity

• When it's contrary to national interest

• To reduce foreign influence

Which countries has Australia recently established free trade agreements with?

• Canada, Mexico, and the USA

• Germany, France, and Italy

• India, Brazil, and Russia

• South Korea, Japan, and China

What is Australia's approach towards free trade in the global context?

• Beacon for free trade

• Neutral

• Protectionist

• Isolationist

What is the anticipated outcome of the scoping study with the EU?

• A tourism partnership

• Formal commencement of free trade negotiations

• A military alliance

• A cultural exchange program

What challenge is highlighted in negotiating trade deals?

• Lack of interest from other countries

• The lengthy time required

• Insufficient resources

• Cultural differences