THE Board of Investments (BOI) and Turkey’s Prime Ministry Investment Support and Promotion Agency (Ispat) signed on Wednesday an investment promotion agreement that is seen to enhance economic ties between Manila and Ankara.

Signed by Trade Undersecretary and BOI Head Ceferino Rodolfo and Ispat President Arda Ermut, and witnessed by Trade Secretary Ramon Lopez and Turkish National Defense Minister Nurretin Canikli, the memorandum of understand (MOU) would have both parties exchange best practices, and information on investment environment and opportunities.

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