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EU Envoy: EU investors care less about Duterte's language, will hike investments in PHL

dave luchansky
EU Ambassador Franz Jessen, PTPA Raelyn Luchansky
Despite President Duterte's rhetoric hurled at the European Union (EU) for criticizing the government's war on drugs, 14 member nations of the influential regional block expressed their interest to continue “working closely” with the Philippines and even hike their investments in various industries.

In a statement, Department of Finance (DOF) said Finance Secretary Carlos Dominguez III recently met with the ambassadors from the United Kingdom, France, Germany, Italy, Spain, Belgium, Czech Republic, Greece, Austria, the Netherlands, Romania, Denmark, Hungary, and Sweden to tackle the administration's 10-point agenda and explore business opportunities.
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The delegation, headed by EU Ambassador Franz Jessen, bared their intention to pursue additional investments particularly in civil security, energy and infrastructure.

“The ambassadors were one in saying that they are looking forward to further strengthening the EU’s bilateral relations with the Philippines, especially in the field of trade and economic cooperation,” the DoF said.

Swedish Ambassador Harald Fries also revealed during the meeting that a business delegation from Sweden is scheduled to arrive in Manila in the coming days to explore projects in infrastructure, energy, business process outsourcing (BPO), and civil security.

Present in the meetings were
  • Amb. Asif Ahmad, UK
  • Amb. Jan Top Christensen, Denmark
  • Amb. Massimo Roscigno, Italy
  • Amb. Nicolaos Kaimenakis, Greece
  • Amb. Theirry Mathou, France
  • Amb. Jaroslav Olaa, Jr., Czech Republic
  • Amb. Dr. Josef Muellner, Austria
  • Amb. Marion Derckx, Netherlands
  • Amb. Ronald Van Remoortele, Belgium
  • Dr. Gordon Kricke, ambassador-designate of Germany
  • Charge d’ Affaires Mihail Bujor Sion, Romania
  • David Ambrus of Hungary & Carmela Barcia, Spanish Embassy's deputy chief of mission
Secretary Dominguez for his part said that 'the Philippines is very open for business.'

“If there are any business groups coming in I will be very happy to meet with them,” he added.
EU Envoy: EU investors care less about Duterte's language, will hike investments in PHL EU Envoy: EU investors care less about Duterte's language, will hike investments in PHL Reviewed by Raelyn Luchansky on 3:39:00 AM Rating: 5

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