The Lord Mayor of the City of London, Jeffrey Mountevans, is to lead a business delegation to the Republic of Korea (Seoul and Busan), selling the City of London and the UK as the regional partner of choice when it comes to financial and professional services.

The Lord Mayor acts as ambassador for the UK’s financial and professional services, and will be meeting with senior members of the government, investment authorities, regulators and business leaders. Other notable events he will take part in include:

• Meeting with the Senior Secretary to the President for Policy Coordination
• Discussing the business landscape in the UK with the Korean Investment Corporation
• Meeting with the Finance Minister, Korea Financial Investment Association, National Assembly National Policy Committee and the Financial Services Commission
• Attending a dinner hosted by the Vice Mayor of Busan
• Touring the facility at Samsung Heavy Industries in Geoje
• Being awarded a PhD Honorary Degree at Korea Maritime and Ocean University ceremony
• Participating in a roundtable business forum hosted by the Busan International Finance Centre for UK companies
• Opening the new British Chamber of Commerce’s new office

Speaking ahead of his trip, Lord Mayor Jeffrey Mountevans said:

“The world’s attention has been very much on the UK since we voted to leave the EU. I want to reassure the government and businesses of the Republic of Korea that the UK remains open for businesses. As well as being the leading financial centre in the world, we are also the number one country for foreign direct investment into Europe – the government, UK firms and I will do all we can to ensure that we maintain this position.

“I will also continue to sell some of the strengths on offer across the entire UK: a highly-skilled workforce, superb business environment, stable rule of law and world-class infrastructure. This visit is about building closer economic and commercial ties with countries like Korea and how we want to be the regional partner of choice.”