ADCCI discusses ways to bolster bilateral relations with Philippines

By Shilpa Annie Joseph, Official Reporter
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The Abu Dhabi Chamber of Commerce & Industry (ADCCI) has discussed ways to strengthen bilateral relations with the delegation from the Philippine Business Council, headed by Chairman Prof. Gau Raganit.

The visit intends to cement cooperation between the Chamber and Filipino investors in Abu Dhabi and increase the level of cooperation between the country and the Philippines in various areas of mutual interest.

During the meeting, Mr. Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber, praised the strong relationship between Abu Dhabi and the Philippines at all trade and economic levels.

Further, the Director-General expressed the interest of the Abu Dhabi Chamber in solidifying economic cooperation between the two countries.

Prof. Raganit said that “the Philippine Business Council is looking to increase cooperation with the Abu Dhabi Chamber to support the business community in Abu Dhabi and the Philippines, increase the flow of investments and ease the movement of trade between the two countries. The UAE is considered the Middle East’s top trading partner in the Philippines and one of the most favorable investment markets in the world.”

The Chairman provided a summary of the Philippine Business Council – Abu Dhabi, describing it as a non-profit organization established in June 2003 as a business group composed of businessmen, entrepreneurs, and professionals connected with local companies who share a common interest in developing local businesses between the Philippines and the UAE.

Further, Prof. Raganit expressed his desire to increase visits between entrepreneurs in Abu Dhabi with their counterparts in the Philippines to inform businesses in both countries about the available investment opportunities and increase the level of cooperation in all economic sectors.

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