BANDAR SERI BEGAWAN 17 February 2021 – The Philippine Embassy pushed for stronger bilateral economic and business cooperation within the framework of the Brunei-Malaysia-Indonesia-Philippine East Asia Growth Area (BIMP-EAGA) during a recent meeting with the new officers of the Brunei Darussalam BIMP-EAGA Business Council (BD BEBC) at the Philippine Chancery.
Philippine Ambassador Christopher B. Montero welcomed the interest of the BD BEBC to explore opportunities for enhanced trade and investment between Brunei and the Philippines, particularly economic exchanges that will support the development of small and medium business enterprises in Mindanao.
The Embassy and the BD BEBC underscored the importance of enhanced connectivity as a key driver for increased commercial relations between Brunei and the growth centers of the Philippines in the islands of Mindanao and Palawan, and committed to work together in implementing an MOU signed in 2019 between the BD BEBC and Reefer Line Express Filipinas, a Davao-based logistics cargo company.
Both sides likewise agreed to work closely in the implementation of the Philippines-Brunei MOU on Halal Industry and Halal Export Development and Promotion signed in 2017, particularly in the Philippine government’s capacity-building efforts to strengthen its halal industry.
The BD BEBC delegation was led by Pengiran Haji Haris bin Pengiran Haji Durahman (Chairman) and Ak Kamal Fahmi Pengiran Haji Suhaimi (Director of Public Relations). END
Ambassador Montero discusses possible areas of collaboration with the BD BEBC under the PH-Brunei MOU on Halal Industry and Halal Export Development and Promotion.
Ambassador Montero and Minister Pete Raymond V. Delfin discuss potential areas of economic cooperation with the BIMP-EAGA officers.