CEBU

DTI explores new export markets

AS PART of the Department of Trade and Industry-Export Marketing Bureau’s (DTI-EMB) efforts to explore key emerging markets, the bureau is working on further developing the country’s bilateral trade relations with Africa.

This year, the DTI-EMB started exploring Egypt and Ethiopia by organizing an outbound business matching mission.

In 2018, Egypt was the 62nd trading partner of the Philippines, 85th export market and 48th import source, with top exports of tunas, skipjack and bonito, printed circuit and desiccated coconuts (fresh or dried), among others.

Ethiopia, on the other hand, was the country’s 117th trading partner, 99th export market and 149th import source, with top exports of sacks and bags (including cones) of polymers of ethylene, parts of machinery, plant or laboratory equipment, whether or not electrically heated for the treatment of materials by a process involving a change of temperature and other parts of aeroplanes or helicopters, among others.

The DTI-EMB said it collaborated with the Office of the Undersecretary for International Economic Relations and the Department of Foreign Affairs’ Office of the Middle East and African Affairs in organizing the Usapang Exports on “Market Opportunities and Trends in Africa-The Next Frontier” slated on Dec. 5, 2019 at the Novotel Araneta Center in Quezon City.

The Usapang Exports topics will explore market opportunities in South Africa, Egypt, Morocco and Ethiopia. It includes presentation of four foreign embassies, namely South African Embassy, Embassy of Egypt, Moroccan Embassy and the Consulate of Ethiopia.

Some entrepreneurs will also share their experiences in doing business in Africa.

Around 100 participants composed of exporters, trade support institutions, members of the academe, and government agencies are expected to join the forum. The Usapang Exports is one of the activities lined up in celebration of the annual National Exporters’ Week with the theme “Driving Exports Through Digital Transformation!”

Presidential Proclamation 931 series of 1996 and House Resolution 33 have declared the first week of December as the National Exporters’ Week to encourage all sectors of society to move as one toward the promotion and development of Philippine exports. (PR)


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