UK Smells Money in Right-Wing Brazil After Brexit
NOVANEWS
By: T.J. Coles
The U.K. is looking forward to lop-sided trade agreements. | Photo: Reuters
Unchained from the E.U., the U.K. will expand its neoliberal, “free market” agenda in Temer’s resource-rich Brazil.
The U.K.'s decision to leave the European Union is being portrayed by politicians as a unique chance to boost trade with countries outside of the EU, including Brazil, China, Mexico and South Korea. But what about the human and environmental costs?
The U.K. already has £5.1 billion of bilateral trade and investment deals with Brazil, making Brazil the U.K.’s biggest Latin American trading partner. One of the “(c)hallenges to doing business in Brazil” is “high taxes,” says the British government.
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