Overseas Trade: South America

(asked on 6th June 2022) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what steps her Department is taking to increase trade with South American nations.


Answered by
Ranil Jayawardena Portrait
Ranil Jayawardena
This question was answered on 14th June 2022

This year, we reached the final phase of the process to join the £9 trillion GDP Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, which includes Chile and Peru.

Beyond trade agreements, we are working with regional partners to grow trade and open markets. British pork producers are now able to export to Chile, a market worth over £280 million in 2021 and, through initiatives like our annual roadshow, we are helping British businesses to seize opportunities in the region, like GlaxoSmithKline who are set to open a new vaccine distribution centre in Uruguay.

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