The Brazilian National Confederation of Industry (CNI) has invited the CBI to partner with their new UK-Brazil Working Group, a platform designed to outline business priorities for the future economic relationship between the UK and Brazil.
Andy Burwell, CBI International Director, spoke as a panellist at the working group’s kick-off event on 2 September, which is recapped below:
The CNI’s launch event of the UK-Brazil Working Group was keynoted by the UK Ambassador to Brazil, Peter Wilson, who outlined three major priorities for the government’s future relationship with Brazil. First, he reminded audience members that expanding the bilateral relationship was not reliant upon the UK’s potential trade deal with Mercosur, the South American Continental trade bloc, which is hampered by political challenges. Second, UK officials hope to conclude a double taxation agreement with Brazilian counterparts as soon as possible, the lack of which is arguably the largest barrier to the Brazilian market right now. And finally, the UK plans to lobby heavily for Brazil to join the Organisation for Economic Co-operation and Development (OECD) and to support them in the accession process. Ambassador Wilson reminded the CBI and the UK business community th
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