Brazil is identified as an emerging market under UK Trade and Investment's strategy "Prosperity in a Changing World". As part of this strategy, we are focusing on deepening our trade and economic relationship with Brazil with the aim of increasing the level of trade between the UK and Brazil. We aim to achieve this by raising awareness about the opportunities in Brazil and by tackling barriers to trade. The UK-Brazil Joint Economic Trade Committee (JETCO) is one tool already in place to support these aims and a number of activities are ongoing under this. For example:
A "Brazil: New Business Opportunities" event, organised by the Brazilian embassy with the support of UK Trade and Investment, is taking place [took place] in London on 25 June and is bringing together UK and Brazilian businesses.
The CBI is delivering a comprehensive programme aimed at improving the business environment in Brazil.
A full programme of activity aimed at increasing links and collaboration between the UK and Brazil is under way for the Brazil-UK Year of Science.
The FCO Global Opportunities Fund is supporting a visit by experts from the UK Intellectual Property Office to Brazil to deliver intellectual property rights training to Brazilian patent examiners.
A series of joint events are planned to promote professional services during the Lord Mayor's visit to Brazil in August.
The second ministerial JETCO meeting will take place in September in London. This will be attended by Brazil's new Minister of Development, Industry and Foreign Trade, Miguel Jorges.
In addition, four extra staff are joining UKTI's network in Brazil in the next few months as part of a refocusing of resources to emerging markets under the strategy. UKTI has also appointed a high growth market specialist from the private sector with extensive experience of Brazil to assist UKTI in raising awareness of the opportunities in Brazil and to provide business development advice and market intelligence for companies.