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That having the instrument of trade policy back in our own hands, can | :01:11. | :01:19. | |
lead to a better outcome for our industry rather than pooling that | :01:20. | :01:23. | |
with the might of the Europdan Union. It's a specific question | :01:24. | :01:29. | |
Which is better? You want to maximise your trade opportunities | :01:30. | :01:32. | |
with all of your export markets or potential export markets. You can't | :01:33. | :01:41. | |
have it both ways. We want to do more trade with Australia, for | :01:42. | :01:47. | |
example, but that should not be at the cost of less trade with Germany. | :01:48. | :01:52. | |
We want to do more trade with Germany and Australia and in these | :01:53. | :01:55. | |
discussions over the next couple of years we need to try and find | :01:56. | :01:59. | |
arrangements that enable us to do both. One final effort from either | :02:00. | :02:07. | |
of you really on trade. I agree with everything you have said in terms of | :02:08. | :02:11. | |
outcomes, but there is a me`ns and there is an important decishon to be | :02:12. | :02:15. | |
made. We can talk about the means, but it will be helpful for two | :02:16. | :02:19. | |
people who have had a significant impact on shaping our financial | :02:20. | :02:28. | |
policy to give a clue to whhch side you want the country to point. | :02:29. | :02:32. | |
Either we will secure trade agreements with the European Union | :02:33. | :02:41. | |
and it will be seen in the context of priority with the Europe`n Union, | :02:42. | :02:47. | |
or we can have our trade for our industries. What is your advice We | :02:48. | :02:59. | |
should try and avoid. We will be leaving our live coverage from the | :03:00. | :03:03. | |
committee rooms. You can continue watching on our website. | :03:04. | :03:08. |