And he urged Theresa May to explore rebuilding UK links with Commonwealth countries like his own to maximise the potential benefits from new trading links outside the EU.
Mr Abbott’s enthusiastic vote of confidence in Britain’s future after Brexit was made in the foreword to a pamphlet on global trading opportunities written by two Tory MPs.
“Brexit means that Britain is back,” Mr Abbott wrote in the foreword.
“The country that gave the world the English language, common law and the Mother of Parliaments is once more to seize its destiny as a global leader.
Brexit means that Britain is back
“It’s also good that the remaining members of the European Union will now have to rethink how much of their sovereignty they wish to surrender.
“Brexit was not a vote against free trade because the EU has acted as a protectionist bloc against trade with outsiders,” Mr Abbott wrote.
Mr Abbott predicted that many Australians would be delighted for their country to build a closer trading relationship with the UK.
“Free trade agreements with economically advanced Commonwealth countries are the obvious place for Britain to start.
“Of course, no two countries are more like-minded than Britain and Australia. We have a language, a set of values and a large slab of history in common.
He hopes that Theresa May will explore rebuilding relations with the Commonwealth
“If Britain is determined to make the most of Brexit – and everything about Prime Minister May shows this steely determination – why not strive for a one page free trade agreement with Australia?” Mr Abbott wrote.
“The movement of goods between our two countries should be absolutely free of tariffs or quotas.
“And each country’s product and service standards should be recognised in the other.”
Abbott says Australians would be delighted for their country to build closer relations with the UK
“In a world where too many people are frightened of the future, Brexit has shown that a great country and a great people are prepared to ‘have a go’, as we Australians say.
“Britons can be sure that today’s Australians will rally to our friends with the enthusiasm for which our forebears were rightly famous.”
Mr Cleverly, who co-authored the report for the Free Enterprise Group with Tim Hewish, said: “The Government must publish a plan to utilise the ‘Commonwealth Advantage’ and build our trade links with the Commonwealth.
“A market of 2.3 billion people and some of the fastest-growing economies in the world is too big an opportunity to ignore.”