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.