The Philippine Exporters Confederation, Inc. (PHILEXPORT) and the Israel Export and International Cooperation Institute (IEICI) signed a memorandum of understanding to pursue mutual interest in trade and economic development to help improve its bilateral trade worth about $534 million in goods last year.
PHILEXPORT president Dr. Sergio Ortiz-Luis Jr. (seated, left) and IEICI Deputy Director General Sabine Segal (seated, right) signed the MOA representing the two organizations. (Standing, from left) NEDA Secretary Arsenio M. Balisacan, Minister of Foreign Affairs for the State of Israel Eli Cohen and Ambassador Yael Ravia-Zadok witnessed the signing rites at the Israel-Philippines Business Forum last June 5 at New World Hotel in Makati City.
