TRADE between the Philippines and Turkey is expected to grow by 12 percent this year as the two countries move to expand their economic and commercial relations.
According to the Turkish Ministry of Economy, Turkey’s exports to the Philippines reached $135.5 million in 2013. Exports of the Philippines, meanwhile, rose 15 percent to $181.2 million in 2013 from $157.7 million in 2012.
To further boost bilateral trade, the Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, and the Turkish Chamber of Commerce of the Philippines will hold a business matching session on June 11.
PCCI President Alfredo Yao said 24 Turkish companies with interest in general trading and manufacturing would participate in the one-on-one meetings with local companies.
Yao identified some of these companies (and their sectors) as Yerciler Et Mangal Ve Sut (food, milk sausages, and meat products), Zorlu Holding (home textile, textile, electronics, information technology, and energy), Cem Matbacilik Ve Davetiye (publishing and printing, special paper for cards for all occasions), Ballioglu Insaat Ve Taahhut (construction and contracting), and Hismar-Istanbul Gida Teks.Ins.Ve Yapi Mar. Tic. San. Ltd. Sti. (construction, shopping malls, food, and supermarket management).
Filipino companies are invited to meet potential Turkish partners during the matching session to be held at the at the PCCI office at McKinley Hill in Fort Bonifacio from 1-5 in the afternoon.
Business matching is an important support service of the international trade division of the PCCI for its member companies. It also extends assistance to members through trade inquiry services, outbound and inbound missions, participation in trade fairs and exhibitions, and promotion of linkages between big and small companies.