City of London,
16
February
2015
|
00:00
Europe/Amsterdam

Lord Mayor to visit The Philippines

Lord Mayor to visit the Philippines to build ties and improve bilateral relations

The Right Honourable the Lord Mayor of London, Alderman Alan Yarrow, will visit the Philippines 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 the Philippines, the Lord Mayor will visit the Stock Exchange in Manila and ring the opening bell before meeting Filipino business leaders to explore scope for intensifying economic partnerships. This will include the Securities and Exchange Commission, the Philippine British Business Council, the Finance Secretary and the BSP Governor. His visit aims to build understanding between the British business communities and their counterparts in the Philippines, and explore new opportunities to work together to improve infrastructure and to further develop a sustainable and profitable financial services industry.

Speaking ahead of his visit, the Lord Mayor said:

“South East Asia is an important market for UK businesses, and the City is keen to develop a partnership with the Philippines as a key regional player. This is an exciting time, and I hope this visit will be instrumental in developing strong bilateral ties which will enable us to tackle the challenges and seize the opportunities, and work towards a mutually prosperous future. I hope we can increase trade across financial and professional services, energy, infrastructure, education, healthcare and other areas. The City is here for the long haul; our commitment is strong and we hope to see more UK businesses working with the Philippines to facilitate growth by introducing efficient products, services and global expertise, enhancing economic growth and supporting the creation of jobs and growth.”

Ends

Notes to editors

Media Enquiries

Bella Longman, Media Officer, City of London Corporation

Tel: 020 7332 1906 / Mobile: 07809 334 327

Email: bella.longman@cityoflondon.gov.uk

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.