Philippines and Indonesia recently discussed the proposed conduct of industry dialogues on copper and textiles in a recent virtual 8th meeting of the joint working group (JWG) on trade, investments, handicrafts and shipping,

Philippines trade and industry undersecretary Ceferino S. Rodolfo and Iman Pambagyo, director general for international trade negotiations of the Indonesian ministry of trade agreed to finalise this year a number of memoranda of understanding on investment promotion, halal products, quality assurance and economy.

The dialogues will serve as a platform for information exchange on best practices and industry regulations and collaboration, with the participation from both the government and private sector, according to a report in a Philippine newspaper.

In the long term, these dialogues are seen as avenues to boost the manufacturing capabilities of the industrial sectors of both sides through the infusion of investments and technology.

Fibre2Fashion News Desk (DS)

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