Thursday, September 28, 2006

New Mindanao Trade Group Signs Pact With Indonesia

INDONESIA (Mindanao Examiner / 28 Sept) - Southern Mindanao's Jose Abad Santos-Glan-Sarangani (JAGS-CT) Cooperation Triangle has forged trade links with North Sulawesi, a recent breakthrough made out of the five-day trade mission to Indonesia under the Brunei Darussalam-Indonesia-Malaysia-the Philippines East ASEAN Growth Area (BIMP-EAGA) cooperation.

The Filipino trade mission, headed by Sarangani Governor Miguel Rene Dominguez and Philippine Special Envoy for BIMP-EAGA Efren Abu, was held in Manado and Bitung and ended this week.

The mission signed a memorandum of understanding between Glan and Bitung for the establishment of cooperation in the promotion of education, socio-cultural development, tourism promotion, fisheries and marine resource development as well as trade and commerce.

Both countries are expected to begin exporting its products next week when shipping services opens the new Glan-Tahuna-Bitung sea route.

JAGS-CT aims to increase trade, tourism and investment activities within the cooperation triangle through joint local resource mobilization and local private-public sector partnerships. (With reports from Darwin Wee and MEDCo)

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