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Brazil

Volume 579: debated on Tuesday 8 April 2014

9. What recent discussions he has had with his counterpart in Brazil on closer economic and political co-operation between that country and the UK. (903583)

My right hon. Friend the Chancellor, who is rapidly becoming one of the greatest Chancellors in modern times, is in Brazil this very week, as the fourteenth Government Minister to visit in the past 12 months. Yesterday he announced a further £4 million-worth of funding for UK Trade & Investment to support 3,000 exporters and to expand its operations to Latin America, as well as a special Bank of England facility to support lending.

But we still lag behind Germany, France and Italy in terms of the strength of our trading partnership with Brazil. Although the Brazilian economy is going through a tough time, is there any update on the bilateral tax treaty that we were pursuing? Is that part of the discussions during the Chancellor’s visit? When will we redouble our efforts to export to this important destination?

I am sure the Chancellor will be discussing all matters of interest to the UK economy and the City of London, double taxation being one of those. I have to say to the hon. Gentleman, who was part of a Government who, for 13 years, had responsibility for Britain’s exports and relations with Brazil, that in the past 13 months alone there have been 14 ministerial visits to Brazil. That level of commitment was not matched in virtually the entire period of Labour’s maladministration.

Let me say to the Minister of State that to be fair to the hon. Member for Huddersfield, he was not part of that Government but a proud Back-Bench supporter of them. That is an important distinction, as I think the Minister would readily concede.

Brazil is the leading economic and political power in south America. How successful are we being in persuading the Brazilians of the merits of the Falkland Islanders’ case that their sovereignty should be decided by the islanders themselves and not by their Argentine neighbours? [Interruption.]

I hope that Opposition Members are laughing about something else—perhaps they are not—because this is a very serious matter. Whenever we go around Latin America and, indeed, central America, we are always absolutely certain to make the case that the Falkland Islanders had a referendum in which they expressed an overwhelming desire to maintain their current status. That should be recognised by countries right across the world, not just in Latin America, if they believe in self-determination and human rights. Unfortunately, one particular country in Latin America continues to bully and intimidate the Falkland Islands.