Sunday 22 January 2012

Britain wants to double it's trade with Brazil

William Hague, the British Foreign Secretary (and former leader of both the UK Conservative Party and parliamentary opposition) has concluded his official visit to Brazil. His short but important visit ended with his announcement that Britain is seriously aiming to double levels of commerce with the leading BRIC nation over the next few years.


Mr. Hague reminded listeners that his country is one of the top four leaders in Brazil investment at present, having increased its exports to her by over a third in the last couple of years alone. He especially emphasised the contribution of British firms such as BP (British Petroleum), British Gas, Shell and Rolls Royce.

Obviously British investments are throughout the country as a whole but are particularly noteworthy in Rio.
During his two-day trip to Brazil, the Foreign Secretary spent much of his time in Brasilia conferring with Foreign Minister Antonio Patriota but the schedule also included a visit to Rio de Janiero. This was where he attended an official lunch with State Governor Sergio Cabral and City Mayor Eduardo Paes. The main purpose of the meeting was to discuss the State’s plans for the 2016 Olympic Games, bearing in mind that London itself will be having a similar Olympic experience this very year!

Other matters were tactfully addressed, including the recent flare up again of the Falklands controversy as well as Britain’s promise to support Brazil becoming a member of the UN Security Council. William Hague also confirmed that the Queen’s grandson Prince 'Harry' will visit Rio in March to promote British interests vis-a-vis Brazil investment, connected to the issues surrounding the UK’s hosting of the Olympics this year.

No comments:

Post a Comment