00:00What we sign today will unleash a new era of economic and security partnership.
00:08Europe, a continent of 27 member states and 450 million people, is changed.
00:17And we are not just open for businesses.
00:20We are here to begin a new epoch in our relationship rooted in the spirit of friendship.
00:27So many of the issues that challenge you in Perth are the same as in Paris.
00:34Take energy prices.
00:38None of us is immune to the shocks, both geopolitical and economic, that the war in Iran brings to our
00:45populations.
00:46And after our societies had already withstood so much, first with the financial crisis,
00:53then the pandemic, then the beginning of the war in Ukraine, and now a second energy gas
01:01and oil price shock, diversification was and remains a necessity.
01:10And this is why I am proud that we have made decarbonisation a defining pillar of our free trade agreement.
01:18The Australia-European Free Trade Agreement will be a once-in-a-generation achievement
01:26that will create jobs and prosperity for generations to come.
01:31The Australia-European Free Trade Agreement
01:31The Australia-European Free Trade Agreement
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