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City of London mayor to visit Taiwan on trade cooperation

City of London mayor to visit Taiwan on trade cooperation

London, Jan. 6 (CNA) The Lord Mayor of London is scheduled to visit Taiwan Jan. 14 as part of the British government's efforts to enhance trade cooperation between the two countries, according to the City of London website. Alderman Fiona Woolf, who is only the second woman to hold the title since 1189, has included Hong Kong and Taiwan on her first Asian trip from Jan. 12-15 to show her interest in the region. "The U.K. is Taiwan's third-largest trading partner in Europe, and British businesses are highly visible in the Taiwanese domestic market. U.K. skills and expertise in infrastructure, low carbon development and energy can complement Taiwan's economic growth," Woolf said. Woolf said she hopes to meet with key leaders in the country and make progress this year on major infrastructure projects to further boost trade between Taiwan and the U.K. In addition to meeting with President Ma Ying-jeou during her visit, Woolf will meet senior politicians and businesses representatives to talk about offshore Chinese yuan (renmenbi) services and Taiwan's planned free economic zones, which are expected to create more international investment for the U.K. Based on existing relations between the U.K. and Taiwan, Woolf said there is strong potential for future collaboration and opportunities for increased growth, and her visit will focus on the U.K.'s strengths as a center for international investment. The lord mayor of London is an apolitical position and the legal title for the head of the City of London Corp. Elected as the 686th lord mayor of London in November last year, Woolf's major duties are promoting finance and trade for the city by visiting countries around the world. (By Jennifer Huang and Maia Huang)


Updated : 2021-07-24 12:52 GMT+08:00