Chamber explores possible ventures with US partners | SunStar

Chamber explores possible ventures with US partners

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Chamber explores possible ventures with US partners

Monday, July 17, 2017

AMERICAN CONNECTIONS. Diane Jones, US Commercial Service senior officer (seated left), meets with Cebu Chamber of Commerce and Industry (CCCI) president Melanie Ng and US Commercial Specialist Bebe Montesines, and other CCCI offcers. (Contributed Photo)

AN OFFICIAL of the US Commercial Service has met with Cebu Chamber of Commerce and Industry (CCCI) officers to explore possible joint projects for economic development.

CCCI president Melanie Ng told reporters that US Commercial Service senior officer Diane Jones met with the chamber officials to discuss projects where both parties could collaborate.

Jones’ meeting with the chamber officials happened during the first visit of US Ambassador to the Philippines Sung Kim in Cebu last Thursday. Kim was the guest of honor during the general membership meeting of the American Chamber of Commerce in the Philippines-Cebu Chapter.

“CCCI is excited to collaborate with the US Commercial Service on projects, especially in the advancement of innovation and digital technologies,” said Ng, who added that the US’ interest comes just as the chamber’s focus is on innovation and science and technology programs.

“There will be some cooperation between the office of the US Commercial Service and CCCI in the digital technology space. The projects, hopefully, will materialize for CBM 2018,” the CCCI official added.

Ng said that Jones’ visit may pave the way for a business-to-business matching between American companies that make digital products and services and local companies here seeking these resources or possible partnerships.

The US Commercial Service is the trade promotion arm of the US Department of Commerce’s International Trade Administration. Its trade professionals are present in over 100 US cities and in more than 75 countries and help US companies get started in exporting or increasing sales to new markets.

Ng said the chamber wants to explore all possible economic opportunities to benefit the business community of Cebu.

Two-way trade between the US and the Philippines has grown by 25 percent over the past decade. The US had a $1.8-billion trade deficit with the Philippines in 2016, while bilateral trade in goods between the countries totaled $18.2 billion. (KOC)

Published in the SunStar Cebu newspaper on July 17, 2017.

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