PCCI, Saudi Arabia seek to expand trade deals

The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, and the Ministry of Commerce and Industry of the Kingdom of Saudi Arabia have agreed to promote increased bilateral trade and investments between the two countries beyond oil products and labor recruitment.

Ambassador Alfredo M. Yao, PCCI president, said on Saturday that this was the result of a recent meeting of PCCI officials with Khalid S. Halawani Alsaid, commercial attaché of Saudi Arabia based in Kuala Lumpur, and Ayman A. Bedaiwi, first secretary of the Embassy of Saudi Arabia in the Philippines.