The Brazil-UK Summit: deepning the bilateral realtionship

Our expert panels and speakers reflected on the multifaceted and increasingly important bilateral relationship and opportunities for further cooperation and growth.

The first session focused on international relations and geopolitics. Both governments participated and recognised the strategic alignment of both countries and the importance of continued partnership. Our first panel categorised both the UK and Brazil as influential middle powers who align on key issues. Brazil’s foreign policy is more universal: the country has diplomatic relations with almost all countries, notably including Russia through the BRICS. The panel stressed the growth of violence and increasing sophistication of criminal gangs involved in politics.

HM Trade Commissioner for Latin America, Amy Barklam, celebrated the commercial relationship, which has never been stronger. She recognised the challenges of doing business in the region and highlighted the steps her team is taking to build trust, rules, and confidence between the two nations.

The day’s latter half dealt with the business opportunities in the Brazil-UK relationship. Our second panel discussed developments in the energy and mining sector. The speakers agreed that the energy transition requires the continued use of oil and gas, and celebrated Brazil and the UK’s commitment to renewables. In particular, the discussion explored the use of green hydrogen and the roles of central bank oversight in stimulating investment in these areas. Carlos Levy, the President of Britcham Brasil and CEO of Rolls-Royce Brazil, participated in a fireside chat in which he explored the ample opportunities for business on both sides of this relationship.

The third session focused on technology and finance. Speakers praised Brazil’s high adoption of fintech and cryptocurrencies, supported by British businesses. They called for regulation that supports innovation, which can allow businesses to prepare for the future. In turn, businesses must educate their workforce to be well-equipped for these changes and be prepared against cyberattacks. Renato Lulia Jacob, Itaú Unibanco’s Group Head of Corporate Strategy, joined for a fireside chat. He reflected on how the past 10 years have affected the UK’s perception in Brazil and driven a loss of talent and investment. He stressed the importance of competing with venture capital based in the USA.

The Brazil-UK Summit provided a comprehensive and insightful analysis of the key issues facing the bilateral relationship and highlighted key opportunities for diplomacy and business. Canning House extends its thanks to all of our speakers and attendees for their contributions. We look forward to convening the Mexico-UK Summit in London later in 2026.