Britain urges Philippine president to live up to his campaign pledge

19:26, July 21, 2010      

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Visiting British Foreign Office Minister of State Jeremy Browne on Wednesday urged Philippine President Benigno Aquino to live up to his pledge to institute reforms in the government, fight corruption, and improve the country's investment climate.

Speaking before Philippine senior business executives about the United Kingdom's increased interest in Asian markets and its advantages as an investment site, Browne said he is "excited" with the new government's pronouncements of change, saying such encouragement from Aquino would stir up investments in the country.

Browne also said that he was "impressed" with the President' s inaugural speech and welcomed Mr. Aquino's statements on tackling people's complaints about corruption, implementing stable economic policies, having a more open and transparent government, making it easier for Filipino businesses to export goods and leveling the playing field for investors to create more jobs for the Filipino people.

"His agenda is genuinely exciting for us," he added as he encouraged Philippine businesses to explore possible investment opportunities in the UK, citing the UK as a leading destination for foreign direct investment, an ideal environment for business and a gateway to international connections, making it a truly global hub.

Browne is optimistic that more investments would come to the Philippines amid negative perceptions, noting that he sees that country as a "promising investment site" for UK investors.

Source: Xinhua

(Editor:王千原雪)

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