The Department of Trade and Industry (DTI) announced that the Philippines is now wooing French businessmen to improve trading relations between the two countries moving forward.
In a session with French businessmen, DTI Secretary Ramon Lopez said that they expressed hope that France could assist in the REBUILD PH (Revitalizing Businesses, Investments, Livelihoods, and Domestic Demand) Program. Lopez made the address digitally on Wednesday, September 16, before executives of MEDEF International which supports trade, technologic cooperation, and investments, as well as long-term partnerships especially with emerging and developing markets and reconstruction markets.
Lopez said that MEDEF could assist in the country’s ‘ REBUILD PH, which takes a demand-side strategy to revitalize the economy. It takes into consideration the gross domestic product, consumption, investment, government expenditure, export, and import.
In the same meeting, DTI Undersecretary Ceferino Rodolfo identified electronics, healthcare and pharmaceuticals, aerospace, and the information technology-business process management (IT-BPM) as sectors of cooperation.