In an effort to sustain the rapidly growing bilateral trade relations between the UK and the Philippines, Chris Nelson, British Chamber of Commerce Philippines executive director/trustee paid a courtesy visit to Ambassador Teodoro Locsin Jr. at the Philippine Embassy in London. The discussion revolved around several economic opportunities present within both countries.
The recently launched Developing Countries Trading Scheme was also raised which imposes tariff reductions particularly duty-free and quota-free trade on several products and goods which saves the Philippines up to £20 million UK export tariffs. Moreover, the much awaited Great British Festival 2024 was also raised– with the Philippine Embassy in London expressing its interest in supporting the event. The return of the festival will take place on the 27th-28th of January 2024 to celebrate the long standing relations between the UK and the Philippines.
Why is the numerically small ethnic Chinese minority in the Philippines—estimated to be no more than 2% of the Filipino...
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