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News release


21 April 2010

Lord Mayor of the City of London leads business delegation to Romania

The Lord Mayor of the City of London, Nick Anstee, will this month lead a business delegation to Romania (Monday 26 April – Wednesday 28 April) in order to promote UK plc and to strengthen further the burgeoning business relationship between the two countries.

During his time in Bucharest, the Lord Mayor will be meeting Romanian President Traian Băsescu, Prime Minister Emil Boc and the ministers of Economy and Finance, as well as other policy makers and business leaders from both Romania and the UK.

The Lord Mayor of the City of London, Nick Anstee, commented:

“Romania is an important trade and business partner for the UK as well as a natural ally in the European Union.

“Indeed Romania has attracted more than four billion Euros of investment from the UK whilst more than 4,000 British companies have already established a presence in the market.

“The UK’s unrivalled reputation as a centre for world-class financial and professional services means we are well placed to assist Romania increase its reputation as a viable business environment that is attractive for international investors.

“By offering training at home and in Romania and by fostering business interaction, we can help Romania boost the quality of its business offer, particularly in areas such as Law and Accountancy.

“In return, I hope that UK firms will be well positioned to attract new business in areas such as infrastructure development.

“Public Private Partnerships (PPP) are well developed in the UK and have delivered a range of major infrastructure projects and services in education, healthcare and the penitentiary system. British businesses have all the necessary experience and competencies to help develop such projects in Romania. “

The Lord Mayor’s business delegation will consist of approximately 15 people including high level representatives from a number of leading City-based firms and organisations such as the London Stock Exchange, the Law Society of England and Wales and the Institute of Chartered Accountants in England and Wales.

Whilst in Romania, the Lord Mayor will deliver a key note speech at a British Embassy seminar on Public Private Partnerships at 9.30am on Tuesday, 27 April at the Intercontinental Hotel.

The Lord Mayor, will also be holding a press briefing for London-based journalists at 17.00h on Thursday 22nd April at Mansion House.

Ends

Notes to editors

To attend the Lord Mayor’s press briefing, please contact John Hewitt or Davina Kroll on 0207 008 3256 or at jhewitt@ips.fco.gov.uk or dcrole@ips.fco.gov.uk

For more information on the Lord Mayor’s public agenda during the visit to Romania please contact the British Embassy press office on 021 201 7308
or at Press.Bucharest@fco.gov.uk.

About the City of London Corporation:
The City of London Corporation is a uniquely diverse organisation. It supports and promotes the City as the world leader in international finance and business services and provides local services and policing for those working in, living in and visiting the Square Mile. It also provides valued services to London and the nation. These include the Barbican Centre and the Guildhall School of Music & Drama; the Guildhall Library and Art Gallery and London Metropolitan Archive; a range of education provision (including three City Academies); five Thames bridges (including Tower Bridge and the Millennium Bridge); the Central Criminal Court at Old Bailey; over 10,000 acres of open spaces (including Hampstead Heath and Epping Forest), and three wholesale food markets. It is also London’s Port Health Authority and runs the Animal Reception Centre at Heathrow. It works in partnership with neighbouring boroughs on the regeneration of surrounding areas and the City Bridge Trust, which it oversees, donates more than £15m to charity annually.

About the Lord Mayor of the City of London:
As head of the City of London Corporation, which provides business and local government services to the City, the Lord Mayor of London's principal role today is ambassador for all UK-based financial and professional services. The Lord Mayor of London is not the Mayor of (Greater) London, Boris Johnson.

The Lord Mayor is elected for one year and the position is unpaid and apolitical.

The Lord Mayor also supports the City of London's other responsibilities, from providing excellent services to the local community, to maintaining parks, museums and arts spaces around London, and schools in neighbouring boroughs.

View the Lord Mayor's official photograph for publication

Press contacts

London:      
James Abbott         
Tel: +44 (0) 20 7332 1754    
Mob: 07831 543 188
Email: james.abbott@cityoflondon.gov.uk  

Bucharest:
Raluca  Bragarea
Tel: +40 (21) 201 7308
Email: Raluca.Bragarea@fco.gov.uk


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