MANILA (Mindanao Examiner / 02 Feb) - The Financial Supervisory Commission of Taiwan on Friday announced it had signed a Memorandum of Understanding (MOU) with the Philippines’ Central Bank which is aimed at establishing a formal basis for financial cooperation between the two sides, the Radio Taiwan International reported.
It said the signing of the accord will strengthen the sharing of financial supervisory information between the two countries. Taiwan is the Philippines’ sixth largest trading partner.
There was no immediate statement from the Central of the Philippines about the agreement. (Mindanao Examiner)
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