Mathias Cormann on Theresa May's WEF Speech

The transcript discusses the UK's future path post-Brexit, highlighting Australia's eagerness to strengthen business ties with the UK. Concerns about the economic impact of a hard Brexit are addressed, with a focus on opportunities for new trade agreements. The potential for a swift trade deal between Australia and the UK is emphasized, contingent on the UK's formal exit from the EU.

What is the main focus of Australia's future relationship with the UK?

• Strengthening business ties

• Cultural exchange programs

• Tourism development

• Military alliances

What is a major concern regarding the UK's exit from the single market?

• Improved trade relations

• Stronger military presence

• Economic downturn

• Increased tourism

How does Australia view the UK's Brexit decision?

• As a reason to reduce diplomatic efforts

• As an opportunity for stronger business relations

• As a threat to global peace

• As a chance to increase cultural ties

What is the anticipated timeline for a trade deal between Australia and the UK?

• Immediately after Brexit

• A few months

• Within a few years

• Several decades

What is necessary for the UK to formally negotiate trade agreements post-Brexit?

• Support from the Commonwealth

• Completion of the Brexit process

• Approval from the United Nations

• A new Prime Minister