The Lord Mayor of the City of London, Lord Jeffrey Mountevans, will lead a business delegation to Mauritius from 28th February to 1st March 2016 in view of prompting economic relationship in the financial and legal services sector. Another objective is to ensure that London and the United Kingdom remain the regional partner of choice for Mauritius with regards to these sectors.
The visit of the business delegation is a follow-up of the mission of the Minister of Financial Services, Good Governance and Institutional Reforms, Mr Sudarshan Bhadain, to the United Kingdom earlier this year. During his visit Lord Mayor Jeffrey Mountevans, will be meeting with the Prime Minister, senior Government Ministers, investment authorities, regulators and business leaders, amongst others.
He will also be the guest speaker of a conference entitled: The City of London: Your International Gateway meant for Government Ministers and senior Mauritian business leaders to talk about London’s financial services and promote UK qualifications as a way to grow the financial services sector.
Other activities include the launching of the new Chartered Institute for Securities and Investment National Advisory Committee which will help firms to maintain high standards of competence, behaviour and integrity.
Lord Jeffrey will have meetings with senior officers from the maritime sector to discuss the Port Master Plan and Mauritius’ plans to become a shipping hub. The rebranding of the International Financial Centre and the launch of the Financial Services Institute are also on the agenda.
In a statement prior to his visit Lord Mayor Jeffrey Mountevans underlined the excellent bilateral trade relationship between the UK and Mauritius . This visit will further cement the strong commercial and economic ties between the two countries, he said.
Both Mauritius and the UK share many common factors such as developed financial industries, similar banking, legal and insurance frameworks and both act as gateways into huge markets namely Africa and Europe respectively. All these clearly demonstrate the similar opportunities that the two countries can grasp, in addition to the challenges ahead.
The delegation will comprise representatives from Fitch Learning, IFS University College, the Institute and Faculty of Actuaries, the Institute of Chartered Administrators of England and Wales and DLA Piper.
Lord Mayor Jeffrey Mountevans is head of the Square Mile’s City of London authority representing City businesses. He assists the City Corporation and advises the Government of the day on what is needed to help the financial services sector to function effectively.