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PH-Indonesia hold Copper Industry Dialogue, vow collaboration in boosting each other s industry

MAKATI, Jan. 25  The Philippines is committed to forging closer economic and bilateral ties with Indonesia as the two countries are further deepening their collaboration on boosting each other’s copper industry.  The Philippine Board of Investments (BOI) recently (14 January 2021) held an online Copper Industry Dialogue with its Indonesian counterpart, Investment Coordinating Board (BKPM) along with other government agencies and stakeholders on both sides.  The Dialogue was conceptualized and proposed during the 8th meeting of the Philippines-Indonesia Joint Working Group on Trade, Investments, Handicrafts and Shipping (PH-ID JWG-TIHS) which was virtually conducted on 11 August 2020. It is also a follow-up initiative of the Philippine side after presenting economic proposals/areas for collaboration in the copper industry during the 7th meeting of the PH-ID JWG-TIHS on 26 August 2019 in Jakarta, Indonesia.   

Philippines, Indonesia eye copper tie-ups

January 22, 2021 | 7:55 pm Font Size REUTERS The Philippines and Indonesia have pledged to deepen ties to boost their copper industries, according to the Trade department. Officials from both countries met virtually on Jan. 14 to exchange information, share good practices, and present investment opportunities and areas for collaboration in the sector, the Philippine Trade department said in a statement on Friday. During the meeting, Trade Undersecretary and Board of Investments (BoI) Managing Head Ceferino S. Rodolfo said Indonesia could help the Philippines boost its copper production, transport and storage and marketing. BoI Executive Director Ma. Corazon Halili-Dichosa said the two countries can collaborate to boost their copper industries and improve their integration in global value chains. “This will only be one of the many bilateral initiatives for the copper industry.”

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