The Philippines and Japan conducted its third round of Industrial Cooperation Dialogue recently (June 22, 2018) as part of the continued cooperation between the two countries to focus on strategic areas of partnership. “These industry cooperation initiatives focuses more on collaboration than negotiation. Being the country’s second largest trading partner, we value Japan as among our partners in nation-building as the Philippines continues to modernize and expand its economy anchored on the “Build, Build, Build” program of the government. This dialogue will hopefully serve as the template for our bilateral negotiations with other countries in terms of partnership and cooperation,” said Trade Undersecretary and Board of Investments (BOI) Managing Head Ceferino Rodolfo at the start of the dialogue at the Board of Investments Building in Makati City. “This discussion will allow Japan to contribute and help the Philippines take advantage of its competitiveness and position itself as a manufacturing hub in the ASEAN region. The experiences of Japanese firms in specific industries like the automotive, electronics and other selected industries will hopefully spark the country to undertake the necessary reforms and action plans to push further ahead,” Japanese Ministry of Economy, Trade and Industry (METI) official Satoshi Miura said, in his capacity as the head of the Japanese Delegation. During the dialogue, Trade Assistant Secretary for Industry Development and Trade Policy Group Rafaelita Aldaba presented the updates of the implementation of the industrial development vision through the Inclusive Innovation Industrial Strategy, otherwise known as the i3s. “The Department of Trade and Industry and the and BOI is further doubling its efforts in creating and sustaining the right policy framework that encourages the further development of the private sector along the lines of the country’s comparative advantage,” Assistant Secretary Aldaba said. Top photo shows Undersecretary Rodolfo and Assistant Secretary Aldaba leading the discussion. While bottom photo shows Undersecretary Rodolfo exchanging tokens Japan METI’s Satoshi Miura. BOI Infocomms