UK PM Cameron ‘Looks East’ for bilateral trade boost

London, July 27 (ANI): British Prime Minister David Cameron will use his visit to South East Asia this week to highlight the need for improving economic ties with his country, as well as to urge the leadership of the region to be more aggressive in countering terror threats.

Weekend media reports said Cameron would be using his four-day trip to South East Asia primarily attract and convince for lucrative business deals.

Cameron will be undertaking visits to Indonesia, Malaysia, Singapore and Vietnam, and this will be his first visit outside Europe after winning general elections in May this year.

Since his poll victory, Cameron has been insisting that Britain must seek to expand its trade links globally to possibly counter the over dependence on trade with Europe, parts of which are in the throes of an economic crisis.

His visit could also be used to flag the threat from Islamist extremism, especially during stopovers in Indonesia and Malaysia.

Cameron was quoted by British media, as saying that business deals worth over 750 million pounds could be inked during his South East Asia tour.

Cameron said: “Over the next 20 years, 90 percent of global growth is expected to come from outside Europe, and Britain must be poised to take advantage.”

“That’s why I’m delighted to be taking British businesses to this vast and dynamic market, securing deals worth over 750 million pounds and creating opportunities for hard-working people back at home,” he added.

“We can also open up more markets for British businesses by leveraging the power of the EU’s single market with 500 million consumers to secure bold, ambitious trade deals with these fastest, growing economies,” he stated further.

About 31 UK business leaders will be accompanying the British Prime Minister on his trade mission, which aims to forge links with the area’s rapidly growing markets for British goods and services.

Business Secretary Sajid Javid is leading a separate delegation to the region from the North of England. (ANI with inputs)

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