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Russia And The Philippines Discussed Prospects Of Expansion Of Industrial Cooperation

April 20, 2017 in the Russian Ministry of Industry held a meeting the Director of International Cooperation Department Alexey Gospodareva with the Deputy Minister of Trade and Industry of the Republic of the Philippines Rowell S. Barbier .

The talks took place on the eve of the official visit of the President of the Republic of the Philippines, Rodrigo Roa Duterte in Russia and the first meeting of the Russian-Philippine Commission on Trade and Economic Cooperation.

The sides discussed topical issues of bilateral cooperation and perspective directions of cooperation in the field of industry, including supply capacity of the Russian aviation and automotive technology in the Philippines.

The meeting stressed that the legal base is an important condition for the establishment and development of trade and economic relations between the two countries.

Currently, the parties are ready to sign a draft Memorandum of Understanding between the Ministry of the Russian Federation and the Ministry of Trade and Industry of the Republic of the Philippines Industry and Trade.

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