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Tuesday, September 08, 2009

 

RP, Czech Republic revive economic pact

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After a seven-year lull, the Philippines could revive its economic partnership with the Czech Republic, Trade Secretary Peter Favila said Monday.

The possibility emerged from a bilateral meeting between President Gloria Arroyo and visiting Czech Prime Minister Jan Fischer.

Under the revival, Favila said that the Philippines could export fruits, electronics, minerals and pearls and rekindle tourism and cultural exchanges between Manila and Prague.

According to the Trade secretary, the Philippines and the Czech Republic used to have an economic partnership agreement in 2002. The agreement, however, was terminated when the Czech Republic joined the European Union (EU).

“There is a proposal to revive that economic partnership on a bilateral basis. We would welcome that because we can now pursue previous discussions that ended in 2004,” he said.

Favila added that the trade enhancement was proposed during a luncheon in Malacañang in honor of the Czech prime minister.

“The Prime Minister told the President that there is a great market for our tropical fruits, even pearls [in the Czech Republic]. And of course electronics is our No. 1 among exports there,” he said.

Favila pointed out that overseas development assistance (ODA) and joint ventures could be enhanced in the hydroelectric, mining and tourism sectors and for the expansion of the Metro Rail Transit (MRT). Czech-made air-conditioned train coaches are being used for the MRT 3 line that plies the North Avenue (Quezon City)- Baclaran (Pasay City)-North Avenue route.

He said that Fischer was impressed with the world-class performances of the Philippine Madrigal Singers, Bayanihan Dancers and pianist Cecille Licad. The prime minister, Favila added, expressed hope that Filipino cultural artists can perform in concerts in the Czech Republic.

Ties with Asean

Deputy spokesman Lorelei Fajardo said that the meeting between President Arroyo and Fischer would strengthen Europe-Asean relations as well. Asean, or the Association of Southeast Asian Nations, groups Brunei, Cambodia, Laos, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

There are fewer than 800 Filipinos in the Czech Republic and Mrs. Arroyo is interested in increasing the number of Filipinos workers there.

The Philippines is hoping for technology and investment transfer as the Czech Republic emerges from recession, economic spokesman Gary Olivar said.

“We do have good historical relations [with the Czech Republic, when it was part of the Austro-Hungarian Empire] dating back from the times of Dr. Jose Rizal, and we want to restart from that,” he added.

Diplomatic relations between the Philippines and the former Czechoslovakia started in October 1973.

Historical links, however, can be traced from the deep friendship between Rizal, the Philippine national hero, and professor Ferdinand Blumentritt of Prague, the earliest symbols of the two countries’ shared values of freedom and respect for individual liberties.

Despite the termination of the economic partnership agreement, bilateral trade between the Philippines and the Czech Republic last year amounted to $151 million, with Philippine exports mainly of special electronics components, garments, furniture, tropical fruits and agricultural products.

The Czech Republic also provides official development assistance to the Philippines through the “Assistance in Measures Ensuring Drinking Water Supply for Manila” worth 1.3 million euros, and the “Improvement of Waste Management in Naga City” in Camarines Sur worth 390,000 euros.
-- Angelo S. Samonte

   

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