MANILA,
May 27 - The Philippine Section of the
ASEAN Business Advisory Council (Phil-BAC) has forged partnership with the
Philippine Chamber of Commerce and Industry (PCCI) to jointly undertake
initiatives to promote business opportunities in the ASEAN region, with a
particular focus on small and medium enterprises (SMEs).
Through
the ASEAN Trade and Investment Center (ATIC), Phil-BAC and PCCI are offering
new alternatives for Filipino entrepreneurs to explore and expand their markets
in ASEAN.
The
ATIC, which is housed at the PCCI office, will assist and facilitate inquiries
and concerns related to doing business in other ASEAN countries.
The
ATIC will initially be a platform to help engage SMEs in the ASEAN market, but
eventually will be used to promote and facilitate SMEs engagement with the
broader ASEAN + markets such as Japan, China, Korea, India, Australia, New
Zealand, and the European Union.
Jay
Yuvallos, Phil-ABAC member, said, “The ATIC will not only provide access to
companies wishing to undertake export and import activities and investments
within the region, it will also be implementing awareness-raising campaign on
the opportunities and benefits of an integrated single market,” referring to
the creation of an ASEAN Economic Community (AEC) expected to be in place by
2015.
He said
the ATIC will be linked up with government agencies engaged in SMEs
development, export and trade promotion and other private organizations such as
the Department of Trade and Industry and its attached bureaus, and the
Philippine Exporters Confederation (Philexport), respectively.
PCCI
president Miguel Varela stressed, “We need to diversify our markets and
increase our engagement with ASEAN. ASEAN has a market of over a 500 million
peoples. There are opportunities for our SMEs and the ATIC will help them
maximize these opportunities.”
Phil-BAC
and PCCI, in consultation with DTI and other private entities, have started
drawing up plans to promote the regionalization of SMEs, in preparation for the
2015 AEC.
Part of
its activity is a series of roadshows on FTAs through PCCI’s Area Business
Conferences (ABCs) and the Philippine Business Conference in October.
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