by Apipa Bagumbaran
CAGAYAN DE ORO CITY, Misamis Oriental, October 21 (PIA) --- The chairperson of the Mindanao Development Authority (MinDA) commended the organizers of the Oro Business Enterprise Services and Trade (OROBEST) 2011 Expo citing their initiative as a good way to promote trade and boost linkages.
Luwalhati R. Antonino, who was the keynote speaker during the opening ceremony of the OROBEST 2011 Expo, said the trade fair is a strategic venue to enhance trade links and promote Small and Medium Enterprises (SMEs) products and services.
She said the trade fair also help local producers acquire skills necessary for production and management of business, as well as, assist them in the expansion of their market reach.
Organized by the Oro Chamber of Commerce and Industry Foundation, Inc. (OroChamber), the OROBEST Expo showcases the best agricultural and tourism products and services in Northern Mindanao.
The four-day trade fair, which is one of the side events of the Brunei Darussalam, Indonesia, Malaysia, Philippines East ASEAN Growth Area (BIMP-EAGA) Senior Officials and Ministerial Meeting (SOMM), also features product sampling, investment matching, and livelihood learning session.
Antonino said the BIMP-EAGA has adopted agreements that facilitate faster movement of goods, people and services through transport links and harmonized customs processes.
Given the more favorable business climate, local producers are now gaining confidence to invest and build networks with other producers and the international market prompting us to accelerate development at a level that support trade with an enabling mechanisms necessary for sustaining growth and expansion, she further said.
With the increase trade and communication activities that go beyond borders, there is a greater opportunity for SMEs to talk a wider range of investment and contribute to the dynamism of our local economy, she added. (PIA-10)
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