THE British trade envoy, Richard Graham, is hopeful that the United Kingdom and the Philippines could forge closer economic links.
The two countries, he said, “can work together on critical areas including infrastructure, energy, the digital economy and the tourism sector where UK has much expertise to share.”
Graham is British prime minister’s trade nnvoy to the Asean Economic Community as well as the Philippines, Malaysia and Indonesia. He is in Manila on a three-day (Aug 24-26) visit.
Addressing the Makati Business Club at the Fairmont Hotel in Makati City on Thursday, he said he looked forward to discussing with the Duterte administration ways of boosting trade and investment between our two countries.
The UK, he said, “remains open for business. We are the same outward-looking, globally minded, big-thinking country.”
Meanwhile, Duterte administration’s trade secretary, Ramon Lopez, said, “we see a lot of opportunities when it comes to economic cooperation and the areas of MSMEs [macro, small and medium enterprises] development, social enterprise development, which is also a sector advance in UK, sharing on this practices of course working on the free trade area bilateraly.”
According to the British ambassador to the Philippines, Asif Ahmad, “trade between Global Britain and the Philippines remains upbeat.”
The UK, he noted, is the third largest source of direct investment in the Philippines.