Deadline all the time

breaking news stories, photos, and video

RP, Peruvian businessmen sign trade pact

leave a comment »

By Joel Guinto
INQUIRER.net
First Posted 18:07:00 11/25/2008

MANILA, Philippines — Filipino and Peruvian business groups have signed a private cooperation agreement that aims to expand trade between their two countries, Malacañang said Tuesday.

The agreement was signed on Sunday (Monday in Manila) at the Universidad San Ignacio de Loyola in Lima, Peru, after President Gloria Macapagal-Arroyo was conferred a doctorate degree there, the Palace said in a statement.

A Peruvian company is “keen” on a tie-up with the Zuellig pharmaceutical company in the Philippines. Peruvian traders are also interested in prefabricated housing materials from the Philippines, the statement said.

“We should forge closer ties economically with Peru given the similarities of our two countries,” Trade Secretary Peter Favila was quoted as saying in the statement.

Arroyo was in Lima from Saturday to Sunday for the Asia Pacific Economic Cooperation (APEC) leaders’ summit before she proceeded to Colombia for a bilateral meeting with Colombian President Alvaro Uribe.

View article as posted on INQUIRER.net

Advertisements

Written by joelguinto

TueUTC2008-11-25T10:42:55+00:00UTC11bUTCTue, 25 Nov 2008 10:42:55 +0000 22, 2006 at 12:45 am11

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: