Co-op summit tackles Asean integration poser

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MORE than 4,000 stakeholders attending the 12th National Cooperative Summit will address challenges and opportunities for the local cooperative movement ahead of integration of economies of the Association of Southeast Asian Nations (Asean) in 2015 during the three-day (October 16-18) conference, organizers said on Thursday.

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Doris Cañares, chairman of the Philippine Cooperative Center (PCC), said the cooperators “are living in a world where socio-economic shifts continue to move at a very fast pace. The faster these shifts move, they equally create the precise frame of mind for each and every one of us to catch up, learn and adopt new processes that are deemed to help improve and uplift the lives not only individually, but collectively as well.”

The summit being held at Waterfront Hotel in Lahug, Cebu City, is a joint project of PCC and Cooperative Development Authority in cooperation with local hosts VICTO National Federation of Cooperatives and Philippine Cooperative Central Fund Federation.

PCC Vice Chairman Hamilcar Rutaquio said the conference expects Fatima Gay Molina of the Center for Disaster Preparedness to present models for cooperative disaster risk reduction and management; and former Socio-Economic Planning Secretary and National Economic and Development Authority Director General Cielito Habito to lend his expertise, experience and insights on how cooperatives can prepare for and seize opportunities from the Asean Economic Community.

Arnaldo Cruz will explain the Credit Information System Act and how it relates to raising the bar of cooperation and excellence between and among financial cooperatives; PCC Director Sylvia Paraguya (strategic direction of the financial cooperatives); and Petronilo Ilagan, president of National Association of Electricity Consumers for Reforms Inc. (Davao del Norte Electric Cooperative experience).

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