PH-Israel Two-Way Investment Promotion Negotiations Move Forward

From left: Head of the Philippine negotiating delegation, Board of Investments Governor Marjorie Ramos-Samaniego, Philippine Ambassador to Israel Macairog Alberto, Israel’s Chief Economist Shira Greenberg and Israel’s head of negotiating panel from the Ministry of Finance Mr. Uri Altman welcome the first face-to-face meeting on the proposed bilateral agreement on the promotion and protection of investments. (Tel Aviv PE photo)

TEL AVIV 03 December 2021 — The Philippine and Israel negotiating panels for the proposed Philippine-Israel Investment Promotion and Protection Agreement (IPP) held their first round of face-to-face meetings in Jerusalem on 25 November 2021, after almost a year of conducting negotiations via videoconferencing.

Board of Investments Governor Marjorie Ramos-Samaniego, who headed the Philippine negotiating panel, warmly welcomed the opportunity to meet her counterpart, Israel’s Chief Economist Shira Greenberg, and extended an invitation to the Israeli delegation to hold the next round of negotiations in the Philippines.

The negotiating teams will meet again in the Philippines in the first quarter of 2022. END

The opening of the negotiations was witnessed virtually by Ambassador Ilan Fluss, and officials from the Department of Foreign Affairs in the Philippines. (Tel Aviv PE photo)

Philippine Ambassador to Israel Macairog Alberto (center) with the members of the Philippine and Israeli delegations. (Tel Aviv PE photo)

For more information, visit https://www.telavivpe.dfa.gov.ph, https://www.philippine-embassy.org.il or https://www.facebook.com/PHinIsrael/.