Economic work in Brazil 

The global economy is becoming increasingly integrated, which brings risks as well as benefits. Demand from emerging economies (particularly the BRIC countries of Brazil, Russia, India and China) is having a major impact on the global economy. And the benefits from continued openness to global trade and investment are increasingly challenged by rising protectionism.

Building a low carbon, high growth global economy is essential for the UK’s economic stability and prosperity. But political will to tackle climate change will only be secured once leaders are confident that domestic and international policies to mitigate against it will not undermine their growth and prosperity objectives. The FCO want to increase international commitment to an open, stable and equitable low carbon global economy, delivering higher standards of living. To achieve this we are working to:

• protect and promote open markets
• get key countries to take a constructive approach to trade and investment, especially in the WTO
• improve international economic governance and co-operation
• better understand how trends in key economies affect the UK
• encourage key countries to adapt their long-term policies to tackle climate change
• develop an effective global approach to intellectual property rights – to promote innovation and spread technology to developing countries.