The Philippine Chamber of Commerce and Industry (PCCI) said Tuesday it will sign a memorandum of agreement (MOA) with the Brunei Chamber of Commerce for business development cooperation at the sidelines of President Ferdinand Marcos Jr.’s state visit to Brunei on May 28 to 29, 2024.
The MOU, to be signed in the presence of both countries’ heads of state, aims to strengthen economic ties and explore potential areas of collaboration.
“Our primary interests in Brunei lie in the agricultural and manufacturing sectors. We see opportunities for exporting Philippine fruits and electronics to Brunei, while also seeking technology transfer to benefit our food producers,” said PCCI president Enunina Mangio in an interview Tuesday.
The PCCI envisions a model similar to collaborations with Israel, where advanced technologies are adopted to enhance the efficiency and sustainability of Philippine agriculture.
Recognizing Brunei’s strict Halal certification standards, Mangio emphasized the importance of this aspect in the partnership.
“The Brunei chamber is very particular about Halal conformity, which presents a significant opportunity for the Philippines,” she said.
