Philippines and Germany celebrate record investments and bilateral cooperation at 2nd Joint Economic Commission Meeting

MANILA CITY, PHILIPPINES — During the 2nd Joint Economic Commission (JEC) meeting, Department of Trade and Industry (DTI) Secretary Fred Pascual praised the longstanding partnership between the Philippines and Germany, highlighting record-breaking trade figures and increased bilateral cooperation. The meeting, chaired by DTI Undersecretary for International Trade Allan B. Gepty and Federal Ministry for Economic Affairs and Climate Action (BMWK) Parliamentary State Secretary Stefan Wenzel, focused on enhancing collaboration in various sectors, including manufacturing, energy, and innovation. Both sides recognized the importance of strengthening economic ties and exploring new opportunities for growth and development.

Through discussions with government and business representatives, including key industry players from both countries, the meeting highlighted the mutual benefits of expanding bilateral cooperation. It underscored the shared commitment to fostering sustainable and inclusive economic growth while addressing challenges and seizing opportunities in the evolving global economic landscape.

Published 03 April 2024

Source By (Writers) DTI PHILIPPINES


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