Agenda item

Report of Urgent Action Taken - Prime Minister of Italy

15 September 2014

 

(D)       Prime Minister of Italy – report of action taken under urgency procedures

 

We report action taken as a matter of urgency, pursuant to Standing Order No.19, in approving arrangements for the Prime Minister of Italy, Mr Matteo Renzi, to deliver a speech on Italy’s economic policy on 2nd October 2014.

Italy is a major UK trading partner, with the Italian economy the world’s 8th largest and the 3rd largest in the Eurozone. All the major Italian banks have London representation, focusing on trade finance and commercial banking and Italian insurers are active in the London wholesale markets. The country also currently holds the EU Presidency, making the visit of particular interest to the City.

 

With the event due to take place in advance of the October meeting of the Court of Common Council, the Court’s approval was sought and obtained for the event in accordance with urgency procedures. We hereby report the action taken.

This was a Committee event.

 

Minutes:

We report action taken as a matter of urgency, pursuant to Standing Order No.19, in approving arrangements for the Prime Minister of Italy, Mr Matteo Renzi, to deliver a speech on Italy’s economic policy on 2nd October 2014.

Italy is a major UK trading partner, with the Italian economy the world’s 8th largest and the 3rd largest in the Eurozone. All the major Italian banks have London representation, focusing on trade finance and commercial banking and Italian insurers are active in the London wholesale markets. The country also currently holds the EU Presidency, making the visit of particular interest to the City.

 

With the event due to take place in advance of the October meeting of the Court of Common Council, the Court’s approval was sought and obtained for the event in accordance with urgency procedures. We hereby report the action taken.

This was a Committee event.

 

Read and received.