Seven US companies met with business leaders and Philippine officials during their May 8 to 10 visit as part of 2013 Trade Winds-Asia, a trade mission organized by the US Embassy.
Members of the US trade team held meetings with business counterparts and government representatives, following a briefing by senior US Embassy leaders on the business climate as well as political and economic conditions in the Philippines. The meetings were held at the Shangri-La Hotel, Makati City. Ambassador Harry Thomas Jr. hosted a reception on May 9 at his residence in the delegation’s honor together with over 70 of the delegation’s key contacts.
The trade mission delegates expressed their appreciation for the opportunity to meet with the Philippine business representatives, and optimism about the potential for trade here.
Seth Rockmacher of ResinTech Inc. and Aries FilterWorks said that the Trade Winds visit was an effective tool for small American businesses. “It has provided me face-to-face meetings with decision makers from targeted customers in a region of the world that traditionally has belonged to only my competitors,” he said.
Another US trade mission delegate, Scott Chorna of Focus Brands, said that the visit provided a great opportunity to get valuable insight from key government and industry leaders on the Philippines market.
“We were able to meet excellent companies that are strong candidates in the business meetings and networking events . . . I have been traveling to the Philippines since 2004 and I am very encouraged to see the positive economic development that is taking place in the country. We are very encouraged about the overall economic conditions and our prospects for development of this important and strategic market,” Chorna added.
A first-time visitor to the Philippines, Richard Somiari of ITSI Biosciences, said that, “The interest and potential for business has exceeded my expectation. The prospect for business is positive and I am already looking forward to coming back.”
Other companies that participated in the Trade Winds mission to the Philippines were: Analytical Graphics Inc.; Feature Flooring Inc.; North American Rescue; and Plast-O-Matic Valves. Companies represented in the trade mission are engaged in building products, franchising, food supplements, chemicals, laboratory equipment, medical supplies and software for the defense sector.
The 2013 Trade Winds-Asia Mission will run until May 17 and is held annually. In addition to visiting the Philippines, the group will visit South Korea, Japan, Taiwan and Hong Kong.