UK Export Finance Appoints IEFE To Boost Trade Opportunities In Brazil
Reportedly, UK Export Finance has declared the appointment of a new international export finance executive (IEFE) to upgrade & strengthen trade opportunities with the UK. The IEFE will be based at the British Consulate in Sao Paulo, and will guarantee frequent support for trade links between the UK and Brazil, while operating intimately with significant UK government divisions to feature the skill, capacity, and profile of UK businesses.
With £4 billion of funding currently on proposition to aid Brazilian buyers, provided they source to some extent in part from the UK, the IEFE will endeavor to work with significant financing arrangements for local businesses who strive to build relationships with UK exporters. Apart from this, the Brazil IEFE will also help businesses in Chile, Paraguay, Uruguay, and Argentina keen on UK trade and investment. The aforesaid appointment is supposed to reinforce trade opportunities, the UK government stated.
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The new IEFE carries more than 20 years of experience in the innovative technology and financial sectors, and events are arranged to ensure appointment in Sao Paulo and Rio de Janeiro, attended by local purchasers and investors. The network of IEFE sets out crucial trading opportunities for UK exports by operating with global buyers, financial lenders, trade commissioners, and British ambassadors to involve governments and organizations willing to buy from the UK.
This appointment follows the recent appointments in Morocco in November 2022 and South Korea in March 2023, bringing the absolute number of IEFEs global to 20, including 3 dedicated to boost trade relations in America.
“We are glad to be inviting a new Brazil expert to UKEF. Their efforts will empower UK companies to boost trade not just with Brazil, but also with Chile, Uruguay, Paraguay, and Argentina. Our new international export finance executive, based in Sao Paulo, will bring skill and industry information essential for our work in this area, guaranteeing that the trade relationship between the UK and our regional associates continues going from strength to strength. This will enable us to keep identifying and delivering projects that help the UK supply chain and export UK innovation to Latin America,” said Tim Reid, CEO of UK Export Finance.