Search This Blog

Loading...

Tuklasin Natin Adverts

Tuklasin Natin Adverts
Tuklasin Natin Adverts

Thursday, September 29, 2011

Phl, China firm up agri cooperation, trade

The Philippines through the Department of Agriculture and China, particularly Jilin province, recently committed to further strengthen bilateral cooperation and trade in agriculture and fisheries.

This was bared by Agriculture Secretary Proceso J. Alcala after meeting with former Chinese minister of agriculture Sun Zhengcai, September 22, 2011, in Manila.

Mr. Sun is currently the Party Secretary of Jilin, a major agro-forest-mineral province in northeast China, with a gross domestic product of more than $120 billion. He heads a 15-man delegation to explore investment and trade opportunities in the Philippines.

Sec. Alcala said they discussed possible agricultural and fishery technical cooperation and trade opportunities that will contribute to increasing trade between the two countries to US$ 60 billion in the next five years.

He said agriculture is one of the priority areas that President Benigno S. Aquino III has discussed with Chinese President Hu Jintao during President Aquino’s China state visit last month.

For his part, Mr. Sun acknowledged that China and the Philippines have huge potentials for cooperation in the agricultural and fishery sector.

He expressed particular interest in plantations, fisheries, and tropical plants. He said China particularly Jilin, can further extend technical assistance and investments in the area of agri-fishery and countryside infrastructure such as irrigation and post harvest facilities.

Situated in northeast China near the Russian and North Korean border, Jilin is a major agro-forest-mineral province. Its main products are rice, corn, sorghum, sheep, deer, timber, ginseng, ethanol, biochemicals, and industrial products like cars, train carriages and steel alloys.

Secretary Alcala said Jilin-based companies are welcome to invest in the country.

“With Jilin’s strength in agriculture, I am certain that both sides can find mutually beneficial cooperation, especially in technical exchanges in rice and corn production,” he said.

He cited the introduction of Chinese hybrid rice varieties in the Philippines, including agriculture technologies and equipment being used to boost agricultural productivity, particularly through the Philippines-China Center for Agricultural Technology (Philscat) in Munoz City, Nueva Ecija.

Sec. Alcala also promoted Philippine coco coir products as flood control and soil erosion agents.

Meanwhile, Sec. Alcala updated Mr. Sun on a 2007 Memorandum of Understanding forged among several Philippine government agencies (DA included) with Jilin province, China Development Bank, and Jilin Fuhua Agricultural Science and Technology Development Co. Ltd., involving the lease of one million hectares for grains and bio-fuel crops.

The agreement was suspended when a cause-oriented group questioned its legality before the Supreme Court.

“I hope that the relevant government agencies will resolve the matter soon. The current administration is committed at making a transparent, predictable, reliable and profitable business destination for all our partners,” Alcala said.

Mr. Sun and his delegation will also call on Vice President Jejomar Binay and meet with officials of the SM Group of companies, business taipans Lucio Tan and Carlos Chan, officials of the Filipino-Chinese Chamber of Commerce, and participate in the Philippine-Jilin Economic and Trade Cooperation Forum. DA Information Service

No comments:

Post a Comment

Lingkod Bayan Partner in Public Service

Lingkod Bayan Partner in Public Service

Sponsors

Sponsors
Riscor Engineering Consultancy