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Britain eyes trade deal with Brazil


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Britain eyes trade deal with Brazil

Britain will seek to deepen ties with trading partners around the world, including Brazil as it prepares to leave the European Union, so says finance minister Phillip Hammond during a visit to the country. This comes while negotiations for trade stay off the table with the EU until the topics of citizen’s rights and the Brexit bill are resolved.

“Britain has always been an outward looking country, and we have many strong and historic partnerships like the one with Brazil, and we will seek to build up our trade in both directions with those partners over the coming years as we leave the European Union and once again have the ability to conclude bilateral trade deals with friends and allies around the world.”

Hammond is scheduled to arrive in Buenos Aires Tuesday evening following a two-day business promotion visit to Brazil. It will be the first time a leading UK cabinet minister sets foot in Argentina in sixteen years; the last was when ex Prime Minister Tony Blair met ex-president Fernando De la Rua in the Iguazu falls in 2001.

The Chancellor is leading a business delegation including the London Stock Exchange, the Green Investment Bank and Crossrail International and is accompanied by City Minister, Stephen Barclay MP, and Trade Minister, Mark Garnier MP.