Business

Could Brexit be good for Brazil?

Could Brexit be good for Brazil?
The UK has 6 extra months as an EU member

Since 2016, the world has been watching closely as the United Kingdom negotiates its drawn-out departure from the European Union. While continental Europeans try to avoid a surge in import tariffs and trade barriers after Brexit is enforced, Brazilian companies have spotted an opportunity that could lead to gains of up to EUR 1.7 billion per year.

The conclusion comes from a study by consultancy Bertelsmann Stiftung, for the Brazilian Trade and Investment Promotion Agency (Apex-Brasil), the Brazilian Embassy in London and the Brazilian Chamber of Commerce for Great Britain. The Brazil Brexit Watch report aims to monitor...

Access all of The Brazilian Report

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