Turnbull Supports Australia-UK Free Trade Deal
Australian Prime Minister Malcolm Turnbull has said that ministers "need to get working" on new trade arrangements with the UK.
Turnbull told reporters that he had spoken to the UK's new Prime Minister, Theresa May, to congratulate her on her appointment. He confirmed that they had talked about a free trade agreement, and said that he looks forward to discussions between the Australian and UK trade ministers taking place shortly.
Turnbull pointed out that Australia's trade arrangements with the UK "of course are with the European community." He added that as the UK leaves the European Union, Australia will need to "negotiate direct arrangements with Britain."
"We need to get moving on that quickly. Britain will not be out of the EU for several years, of course, that is the expectation in any event, but we need to get working on the new trade arrangements between Britain and Australia, as indeed Britain will have to undertake that work with many other countries as well including the rest of the European community," he said.
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France To Increase Financial Transactions Tax
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