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Philippines
Tuesday, September 17, 2024

New trade missions to Korea, Japan set

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The Philippines will hold separate trade and investment meetings with Korea and Japan on the second and third week of December to follow up earlier discussions.

“We’re looking forward for big investments from these two countries,” Trade Secretary Ramon Lopez said at the sidelines of the two-day Livelihood and Employment Summit held recently in Taguig City.

The Korean leg, Lopez said, was an effort to draw in more Korean investors into the Philippines.

The department, meanwhile, will meet with the Bank of Tokyo on the third week for possible cooperation on wholesale financing.

President Rodrigo Duterte made several state visits and trade missions to Asia, bringing home $24 billion of pledges and assistance from China.

Another trade and investment mission will be launched in Russia by early 2017.

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