The Lord Mayor of the City of London David Wootton and the City of London Corporation’s Policy Chairman Stuart Fraser will travel to Cyprus for a three-day visit next week (22-24 April) to prepare for the forthcoming rotation of the European Presidency from Denmark.
According to the website of the City of London, the Lord Mayor and the Policy Chairman will be using this visit as an opportunity to speak with a number of high-level Cypriot policy makers, civic leaders, businesses and trade associations.
Lord Mayor David Wootton said that “the City of London fully recognises how vital European cooperation is to our continuing success and to our future prosperity. We look forward to working together with the Cypriot Presidency to overcome the obstacles that stand in the way of jobs and growth across the continent”.
He added “it is important to know what agenda the next country to hold the European Presidency will be pursuing and to feed in the City’s thoughts on current and future EU regulation before it takes office. That is why the City of London maintains a constant presence in Brussels and the Cypriot Presidency will play a major role in shaping the direction of future European legislation.”
Stuart Fraser, Policy Chairman at the City of London Corporation, added that “as Europe’s financial capital, London’s success benefits the rest of the continent and vice versa. Strengthening the single market by promoting open markets and free trade is vital to drive the European economy forward”.
The British High Commission in Nicosia, announcing the visit of the Lord Mayor, said on the occasion of his presence on the island, the British High Commission and the Cyprus-UK Business Association are organizing a panel discussion on the subject “Going for Growth-The Way Forward” on 23 April in Nicosia.
The Lord Mayor will be joined by former President of the Republic George Vassiliou and Nobel laureate Professor Christophoros Pissarides for a discussion on the future prosperity and economic success of Cyprus.
The Lord Mayor is head of the square mile’s City of London authority – the British capital’s financial and business district – for one year and the position is unpaid and apolitical.
