The Right Honourable the Lord Mayor of London, Alderman Alan Yarrow, will visit Peru this week to build bilateral ties and strengthen the City of London’s relationship with an important regional partner.

The Lord Mayor of London is a role which has existed for over 800 years, and today the Lord Mayor’s primary function is to act as an ambassador for the City of London and its financial services industry. He will be bringing a delegation of British business leaders keen to engage in the region with him to help facilitate the development of stronger economic ties.

In Peru, the Lord Mayor will take part in the signing of a Memorandum of Understanding between Healthcare UK and the Peruvian Ministry of Health, as well as meeting senior business leaders from a variety of industries to help attract major Peruvian companies to invest in the UK and list in London. He will also meet the Governor of the Central Bank, the Prime Minister, the Chairman of the Lima Stock Exchange, the President of InPeru, and the Minister of Economy and Finance, as well as attending an infrastructure roundtable to highlight UK interest and capability in helping Peru meet its infrastructure objectives.

Before he leaves Peru, the Lord Mayor will also attend the unveiling of a new statue of Paddington Bear, the enduring symbol of friendship between the UK and Peru, which celebrates the GREAT Britain campaign and the increasing interest in Peru by British businesses.

Speaking ahead of his visit, the Lord Mayor said:

“I am delighted to have the opportunity to visit Peru while I am Lord Mayor. Travelling overseas to meet our valued economic partners is one of the most interesting and valuable parts of my role. My visit is the latest in a series of high level visits that demonstrate the strong and growing relationship between our countries. This is the second visit by a Lord Mayor to Peru, with the largest UK business delegation we’ve ever brought – highlighting the growing interest in this market. My focus will be on areas where the UK and Peru can partner together for mutual benefit: partnership is the key word here, what benefits one also benefits the other.”

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About the City of London Corporation 

The City of London Corporation provides local government and policing services for the financial and commercial heart of Britain, the 'Square Mile'. In addition, the City Corporation has three roles: (1) we support London’s communities by working in partnership with neighbouring boroughs on economic regeneration, education and skills projects. In addition, the City of London Corporation’s charity City Bridge Trust makes grants of more than £15 million annually to charitable projects across London and we also support education with three independent schools, three City Academies, a primary school and the world-renowned Guildhall School of Music and Drama. (2) We also help look after key London heritage and green spaces including Tower Bridge, Museum of London, Barbican Arts Centre, City gardens, Hampstead Heath, Epping Forest, Burnham Beeches, and important ‘commons’ in south London. (3) And we also support and promote the ‘City’ as a world-leading financial and business hub, with outward and inward business delegations, high-profile civic events, research-driven policies all reflecting a long-term approach. See www.cityoflondon.gov.uk for more details.