Portuguese Chamber of Commerce and Industry Express Interest to Learn About Business Opportunities in the Philippines

Mr. Bruno Bobone, President of the Portuguese Chamber of Commerce and Industry (CCIP) welcomes PHL Ambassador to Lisbon Celia Anna Feria of the Philippine Embassy in Lisbon, Portugal.

02 August 2017 LISBON — As part of the economic diplomacy efforts of the Philippine Embassy in Lisbon, Portugal, Philippine Ambassador to Portugal Celia Anna Feria called on Mr. Bruno Bobone, President of the Portuguese Chamber of Commerce and Industry (CCIP) on July 25.

During the courtesy call, Ambassador Feria discussed with Mr. Bobone the strong points of the Philippine business environment that includes a highly educated labor force, strong macroeconomic fundamentals, generous investment incentives, growth of BPOs and Back-End Operations, and the presence of various European investors in the latter sectors. Ambassador Feria also noted that the presence of various European chambers of commerce and industry is a sign of a healthy investment and business climate in the Philippines.

Mr. Bobone informed Ambassador Feria that he was interested in the potential that the Philippine market may offer to Portuguese businesses. He proposed the possibility of organizing a trade/business mission to the Philippines, but as a prerequisite, CCIP would like to collaborate with the Embassy in organizing a briefing/information session for the CCIP members on the business environment and opportunities in the Philippines.

After acknowledging that both the Philippine and Portuguese business communities need to get to know more about each other and what the two countries can offer each other in terms of mutually beneficial economic engagement and relations, Ambassador Feria and Mr. Bobone expressed commitment to work together in enhancing bilateral trade and investment relations between the Philippines and Portugal.

The CCIP, which is based in Lisbon, was founded in 1834 to promote the development of its members both nationally and internationally. CCIP has over 900 members representing various sectors and industries of the Portuguese economy.

For more information, visit www.lisbonpe.dfa.gov.ph. END