UK Trade and Investment to strengthen UK-PH Bilateral Trade and Investment

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BCCP Chairman Chris Nelson (L) and UKTI Director Iain Mansfield at the Business Breakfast on Exploring Business Opportunities with UK Trade and Investment held at Tower Club, Makati, 9th September 2015.

 

WEDNESDAY, 9 September 2015 – The British Chamber of Commerce Philippines (BCCP) hosted a Business Breakfast on “Exploring Business Opportunities with UK Trade and Investment” at Tower Club in Makati. UK Trade and Investment (UKTI) Director Iain Mansfield was invited as the keynote speaker of the event.

 

As the highest European investor in the Philippines, the UK holds a net FDI stock of over $5 billion. With the increasing interest of UK businesses in the Philippines and vice versa, the bilateral trade between the two countries is now worth around $1.8 billion annually. Mansfield also shared the recent investments of the following British companies Tesco, John Lewis, and Costa Coffee.

 

Considered as one of the most open countries in the world to foreign investments, the UKTI Director also imparted various investments and business engagements of PH companies in the UK such as the Philippine National Bank and Emperador.

 

In addition, the UKTI Director also launched the highlights of the most-awaited GREAT Britain Campaign which showcases the very best of what Britain has to offer.