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Board of Investments and Trade Undersecretary Ceferino Rodolfo underscored the Philippines’ stable macro-economic fundamentals to encourage Russian companies to invest in the country.
“The Philippines is positioned as the regional hub in Southeast Asia for smart and sustainable manufacturing and services, using market-based tools that empower the private sectors. That goal is attainable through our country’s foremost and strongest advantage which is the Filipino workforce. Russian investors stand to gain in investing in the Philippines with Filipinos as the backbone of its operations,” he said.
Russian Federation Ministry of Industry and Trade deputy minister Alexey Gruzdev said Russia is committed to performing its international obligations to satisfy demand while supplying goods and services to trade partners.
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