‘PH-Japan set to sign $2B business deals’


The Philippines and Japan are set to sign 12 business-to-business (B2B) deals worth $2 billion during President Rodrigo’s three-day official visit to Tokyo this week, Trade Secretary Ramon Lopez said.

About 200 businessmen will form part of the delegation to Japan, Lopez told reporters on Monday.

Most of these deals set for signing between Filipino and Japanese firms are in the manufacturing and agriculture sectors, Lopez said.

Japanese traders are also committed to importing more fruits from local exporters, he added.

Duterte’s visit to Japan follows his four-day trip to China last week, where he brought home $24 billion worth of deals. It is also part of his administration’s thrust to strengthen ties with Asian neighbors.

Before China, Duterte had also visited Laos, Indonesia, and Brunei Darussalam.


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