After a 20 year absence, British beef is coming back to the Philippines following the lifting of import restrictions by the Philippine government.
British Ambassador to the Philippines Daniel Pruce says beef producers and distributors are starting to talk.
“Soon, I hope you’ll see British beef – the best beef in the world – on the supermarket shelves in the Philippines and on the menu when you come to fine establishments such as this one,” Ambassador Pruce told businessmen in Makati City.
Pruce also revealed that Jollibee, one of the Philippines’ largest fast-food chain will be opening its first restaurant in London next year.
“I’m thrilled that Jollibee will be opening their first restaurant in the UK next year. I am sure it will be a great success. And I think it is a tribute to the welcoming and supportive commercial environment the UK offers to overseas investors and to our thriving and expanding, catering sector,” says Pruce.
The UK and the Philippines have recently signed a memorandum of understanding to support the Philippines in the area of cyber security. “We have companies, like BT and BAe, with very strong experience and capabilities in designing cyber security systems.”
Pruce noted the strong bilateral ties between the UK and the Philippines. “At the heart of this lie the links between our peoples. We are fortunate to have 200,000 Filipinos living and working in the UK, making an enormous contribution to the country. 14,000 healthcare workers are in our own National Health Service, bringing their high level of professional qualification and strong caring skills to our country.
Nearly 200,000 Brits came to the Philippines on holiday last year. Over 17,000 have now settled in the Philippines.
Britain is the biggest EU investor in the Philippines with over £1billion in investments and the third largest in the world, behind only the US and Japan. British exports in goods increased by 38% in 2015, while UK total exports of goods and services to the Philippines in 2015 were £628M. Two-way trade stands at £ 1.4 billion.
Over 200 British companies are active the Philippines which include Unilever, Shell, HSBC, Standard Chartered, AstraZeneca, Diageo, Arup, Mott MacDonald, Atkins, Nasmyth, Dyson, JCB, Marks and Spencer, River Island and Halcrow and NATS.