The Lord Mayor is the main promoter and spokesperson for all businesses established in the famous City of London (The City), which are mostly financial institutions or associated professions, the same source points out. This visit is an opportunity to develop cooperation and create synergies between the financial institutions of the two countries, in favour of the development of their economic activities, and for the benefit of the African continent, according to a fair and equitable approach boosting growth, shared prosperity and human development. Morocco, which has been able to capitalise on its potential to create economic opportunities for international investors in several sectors of activity, is determined to pool its efforts with London financial institutions in the service of the economic interests of both countries, the statement adds. The favourable business climate, the result of the progress made by the Kingdom, under the enlightened leadership of His Majesty the King, in the institutional, economic and financial fields, as well as the dynamism and expertise of the Moroccan private sector, particularly its financial actors, continues the statement, predispose Morocco to constitute a regional hub for financial activities. On this occasion, under the Presidency of His Majesty the King, three conventions were signed between the "London Stock Exchange" and the Casablanca Stock Exchange, the statement adds. Attending this audience were, on the British side, Clive Alderton, Ambassador of Great Britain to Rabat, and on the Moroccan side, Mohamed Boussaïd, Minister of Economy and Finance and Lalla Joumala Alaoui, Ambassador of His Majesty to London. Three conventions signed, under the presidency of His Majesty the King, by the London Stock Exchange Group and the Casablanca Stock Exchange: The three conventions signed, on Tuesday in Tetouan under the presidency of H.M. King Mohammed VI, were initialled by Xavier Rolet, Chief Executive Officer of the London Stock Exchange Group and Karim Hajji, Chief Executive Officer of the Casablanca Stock Exchange. It is a framework agreement for strategic partnership between the Casablanca Stock Exchange and the London Stock Exchange Group, a technological partnership agreement between the Casablanca Stock Exchange and Millenium IT Software, a 100% subsidiary of the London Stock Exchange Group and a convention relating to the acquisition and maintenance of the electronic pricing system for exchange and control between the Casablanca Stock Exchange and Millennium IT Software, a 100% subsidiary of the London Stock Exchange Group. The signing ceremony took place in the presence of Mrs Fiona Woolf, Lord Mayor of London, Mohamed Boussaïd, Minister of Economy and Finance, Lalla Joumala Alaoui, Ambassador of His Majesty to London, Clive Alderton, Ambassador of Great Britain to Rabat, Mohamed Larbi Rmiki, Cultural Advisor in charge of communication at the Embassy of the Kingdom of Morocco in London, Mustapha Terrab and Lord Charman, co-chairs of the Moroccan-British business leaders' forum.