Philippines keen to import pharmaceuticals, apparels from Bangladesh
Tuesday, 17 June 2008
The Philippines is willing to import pharmaceuticals and readymade garments from Bangladesh in bigger volumes as the products are cheaper, reports UNB.
They are also keen to impart training on different programmes to the trainees from least developed countries (LDCs) under Technical Cooperation Council Programme.
Ambassador of the Philippines Lenaida Jacorda Rabago showed the interest during a meeting with Commerce Adviser Dr Hossain Zillur Rahman at the latter's office here today (Monday). Economic Minister of the Philippines Alex V Lamadrid was also present.
During the meeting, the envoy said the Philippines is eager to exchange with Bangladesh its experience on food preservation and processing, crisis management, airport management and nursing.
Apart from imparting training on these issues, Philippino trainers could cooperate in developing human resources in Bangladesh, Lenaida Jacorda said.
With a view to developing the close trade relations with the Philippines, the Commerce Adviser showed his interest in participating in the international trade fair in October next.
He laid emphasis on diversifying goods produced in Bangladesh and expanding new markets.
The Adviser also requested the envoy to look into the matter of duty-free access of 21 kinds of Bangladeshi goods to the Philippines markets.
In 2006-07 fiscal, Bangladesh imported goods worth US$ 31.56 million from the Philippines while the export volume was US$ 7.64 million.
Bangladesh exports chemical fertiliser, jute, pharmaceuticals, jute-thread, woven garments, knitwear, tobacco, stainless steel chain, copper ware, other engineering goods, wooden furniture and glass sheet to the Philippines.
On the other hand, the import items from the Philippines are animal and vegetable fat, minerals, chemical and plastic goods, textile and textile accessories, base metal, machinery, electric goods, vehicles, aircraft, vessels and their spare parts, cinematographic, sound recorder; photographic, physician and surgical appliances; various spare parts, watches and spare parts of musical instruments.
They are also keen to impart training on different programmes to the trainees from least developed countries (LDCs) under Technical Cooperation Council Programme.
Ambassador of the Philippines Lenaida Jacorda Rabago showed the interest during a meeting with Commerce Adviser Dr Hossain Zillur Rahman at the latter's office here today (Monday). Economic Minister of the Philippines Alex V Lamadrid was also present.
During the meeting, the envoy said the Philippines is eager to exchange with Bangladesh its experience on food preservation and processing, crisis management, airport management and nursing.
Apart from imparting training on these issues, Philippino trainers could cooperate in developing human resources in Bangladesh, Lenaida Jacorda said.
With a view to developing the close trade relations with the Philippines, the Commerce Adviser showed his interest in participating in the international trade fair in October next.
He laid emphasis on diversifying goods produced in Bangladesh and expanding new markets.
The Adviser also requested the envoy to look into the matter of duty-free access of 21 kinds of Bangladeshi goods to the Philippines markets.
In 2006-07 fiscal, Bangladesh imported goods worth US$ 31.56 million from the Philippines while the export volume was US$ 7.64 million.
Bangladesh exports chemical fertiliser, jute, pharmaceuticals, jute-thread, woven garments, knitwear, tobacco, stainless steel chain, copper ware, other engineering goods, wooden furniture and glass sheet to the Philippines.
On the other hand, the import items from the Philippines are animal and vegetable fat, minerals, chemical and plastic goods, textile and textile accessories, base metal, machinery, electric goods, vehicles, aircraft, vessels and their spare parts, cinematographic, sound recorder; photographic, physician and surgical appliances; various spare parts, watches and spare parts of musical instruments.