Question to the Department for International Trade:

To ask His Majesty's Government what assessment they have made of the (1) prospects of, and (2) benefits from, the proposed UK–Brazil Expanded Trade Partnership.

The UK is committed to enhancing our bilateral trading partnership with Brazil, an important partner for the UK with whom we traded £6.5bn in the 12 months ending June 2022[1].

For example, the signing of the UK-Brazil Double Taxation Agreement in November 2022 represents a significant step in enhancing our trading relationship across all sectors. When ratified, it will dramatically reduce tax uncertainty in cross-border trade.

We will work with the new administration to agree the best way to progress our relationship, including in areas of shared interest like Digital trade.

[1] GOV.UK. (2022) Trade and Investment Factsheets: Brazil.

Available at https://www.gov.uk/government/statistics/trade-and-investment-factsheets-partner-names-beginning-with-a-or-b

(Accessed: 23 December 2022).