July 31, 2017 / 7:26 PM / a year ago

Britain to deepen trade globally as Brexit looms in 2019: Hammond

BRASILIA (Reuters) - Britain will seek to deepen ties with trading partners around the world, including Brazil, as it prepares to leave the European Union by March 2019, finance minister Phillip Hammond said on Monday during a visit to Brasilia.

Britain's Chancellor of the Exchequer, Philip Hammond, leaves 11 Downing Street, in central London, Britain July 17, 2017. REUTERS/Tolga Akmen

Hammond said the British departure from the EU will not be postponed or delayed. “We will seek to build up our trade in both directions with those partners over the coming years, as we leave the EU, and once again have the ability to conclude bilateral trade deals with friends and allies around the world,” Hammond said at a news conference.

Reporting by Silvio Cascione and Marcela Ayres; Editing by Jonathan Oatis

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