The European Union is exploring business and investment opportunities in the Philippines, the EU Delegation to the Philippines said Monday.
This week, members of the European parliament led by Werner Langen, chairman of the Delegation of the European Parliament for Relations with the countries of Southeast Asia and ASEAN, are in the country to explore new investment opportunities in the fast growing Philippine economy.
The EU parliamentarians, who heads powerful economic committees, will meet with Bangko Sentral ng Pilipinas Governor Amando Tetangco, Trade Secretary Gregory Domingo, as well as CEOs and leaders of the European Chamber of Commerce and Industry.
This development “underscores EU support for President Aquino’s good governance and anti-corruption efforts that are making the country more attractive to European investment,” Ambassador Guy Ledoux, head of the EU Delegation to the Philippines, noted in a statement.
“The Members of the European Parliament are in the Philippines also to lend their political support to the peace process in Mindanao,” Ledoux added.
The EU delegation will visit Mindanao on February 13 to 14 and meet with officials of the Moro Islamic Liberation Front, Autonomous Region in Muslim Mindanao, International Monitoring Team, and members of non-government and civil society organizations. — VS, GMA News
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