Connect with us

Hi, what are you looking for?

Top Stories

Editor's Pick

France seeking to expand trade, investment with PHL

REUTERS

FRANCE has identified the Philippines as a “priority area” for expanding trade and investment, its ambassador to Manila said.

“Economic development and economic relations between our two countries are extremely important,” French Ambassador Michèle Boccoz said at a ceremony marking the 75 years of diplomatic relations between the two countries on Wednesday.

“Our companies are really willing to be more active and more present, and we hope that more Filipino companies will invest in France, and (for) more Philippine cooperation in France and more trade,” she added.

Foreign Affairs Deputy Assistant Secretary Rosario P. Lemque said diplomats, officials, and members of the private sector from both countries “will work together in several areas of mutual interest, build cooperation in these areas, and collaborate to develop and advance this cooperation with the aim of building resilient lives for a stronger Philippines and stronger France, despite some ongoing realities in international relations, and what everyone hopes to be the tail end of the pandemic.”

She noted various agreements in the pipeline involving defense, tourism, and cybersecurity.

The French ambassador said energy was an area of interest, noting the need for both countries to be assured of cheap energy sources.

Renewable energy and other non-polluting energies that do not worsen greenhouse gas emissions are also under discussion, she added.

Ms. Boccoz also sought increased  bilateral defense and maritime cooperation.

Infrastructure through public-private partnerships were also of interest to the French, calling this a “new way” of working  with the Philippines.

France is also interested in agricultural collaboration to address food security concerns due to “the impact of the Ukraine conflict on food prices, and also on supply chains and general capacity.”

Companies from the electronics and pharmaceuticals sector can also meet to build partnerships, Ms. Boccoz said.

Diplomatic relations between the Philippines and France began in 1947 after a Treaty of Amity was signed in Paris. — Alyssa Nicole O. Tan

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Editor's Pick

The Board of Investments (BoI) has cleared Sinoma Energy Conservation (Cebu) Waste Heat Recovery Co. Inc. to serve as the operator of a 4.5-megawatt...

Forex

At a time when the world is battling to get through the dreaded coronavirus pandemic, protective face masks have come out to be the...

Editor's Pick

BEWARE the “lessons of history” as drawn by charlatans, ignoramuses, or tyrants, for they will be daft, wrong, and possibly disastrous. The self-serving amateur...

Editor's Pick

The world’s food-import bill is set to jump even more than expected to a record this year, increasing the threat of hunger, especially in...

Disclaimer: SecretsOfRichDads.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Secrets Of Richdads. All Rights Reserved.