Last June 5, the Israel Economic Mission proudly hosted the Israel-Philippines Business Forum: Building Bridges of Innovation held at the New World Hotel in Makati City. This forum marked a significant achievement during the momentous visit of Mr. Eli Cohen, the Israel Foreign Minister to the Philippines, the first by an Israeli foreign minister in 56 years.
Accompanying the Foreign Minister was a delegation of 14 companies focused in key sectors such as agriculture, water, homeland security, and cybersecurity. The forum served as a platform for sharing knowledge and showcasing the delegation’s expertise, while also providing an opportunity for one-on-one discussions with the private sector in the Philippines. The business forum garnered an impressive attendance of more than 150 guests, comprising business leaders, government officials, and industry leaders and generated over 50 business-to-business meetings.
Photo credits: National Economic Development Authority and Mr. Shlomi Ansalem
During the business forum, 4 MOU and agreements were signed between Israeli and Filipino entities, signifying the fruitful collaborations that emerged. The Philippine Exporters Confederation, Inc and the Israel Export Institute, the Israel-Asia Chamber of Commerce and the Israel Chamber of Commerce of the Philippines, Agrilever and Albay Agriculture Cooperative, and Agrotop and Milling Technology Corporation were among the organizations that entered into Memorandum of Understanding (MOUs).
Photo credits: National Economic Development Authority and Mr. Shlomo Ansalem
The business forum also featured distinguished speakers. Foreign Minister Mr. Eli Cohen delivered an insightful address, sharing his vision for strengthening the bilateral ties between Israel and the Philippines. NEDA Secretary Dr. Arsenio Balisacan, Ambassador of Israel to the Philippines Mr. Ilan Fluss, and Vice President for Industrial Affairs and Director for Digital, Science, and Technology Mr. Perry Ferrer also shared their valuable insights and perspectives on fostering collaboration and innovation between both countries.
The business forum showcased the shared commitment to innovation and the potential for further growth in various sectors. We express our deepest gratitude to Israel Export Institute, Philippine Chamber of Commerce and Industry (PCCI), and the Israel Chamber of Commerce of the Philippines for their invaluable support and assistance in ensuring the success of this forum.
Media Coverage:
https://businessmirror.com.ph/2023/06/06/israeli-fm-eyes-us1-b-investments-in-phl-in-2024/ (source: BusinessMirror)
https://www.bworldonline.com/editors-picks/2023/06/06/527171/israel-philippines-to-boost-agri-water-ties/ (source: Businessworld)
https://www.youtube.com/watch?v=U29X0A9tw9k (source: CNN Philippines)
https://www.youtube.com/watch?v=dxDMy_OIqh0 (source: ABS CBN)
