Wednesday, December 06, 2006

Filipino trade delegation seeks to bolster relations

MANAMA: A delegation of Filipino business leaders arrived in Bahrain last night to discuss with their Bahraini counterparts the growing trade relations between their countries.

The nine-member delegation also hopes to explore business potentials in the kingdom, said Philippines Embassy consul general Jose de la Rosa Burgos.

"Bahrain is the temporary home of more than 30,000 Filipinos and it is a considerable market for Philippine-made food products," he said.

The Bahrain-Philippines Business Council, in co-operation with the embassy, is organising the businessmen and women's visit to the country.

Filipino Ambassador Eduardo Maglaya will meet with the group at 9am today, followed by a meeting at the Bahrain Chamber of Commerce and Industry, Manama, at 10am.

"Filipino and Bahraini businessmen and women are to meet in the afternoon," said Mr Burgos.
The delegation is to attend a meeting at the Health Ministry tomorrow.

Prior to arriving in Bahrain, the business leaders held similar meetings in Dubai, Qatar and Kuwait. Last year, total trade between the Philippines and Bahrain stood at $9.33 million (BD3.53m). Philippines food exports to Bahrain totalled to $2.13m.

Philippine imports from Bahrain were resource-based products, mineral products, industrial materials, machineries, apparatus and parts, chemicals and metal.

The GCC imported $47.4m worth of Philippines food products last year.

Source:
TradeArabia.com
28 November 2006