Manila, Philippines, August, 2014 – The Philippine-Russian Business Assembly (PRBA) successfully conducted a new business mission to Moscow and St. Petersburg, Russia on June 14 to 22, 2014.
This is part of the PRBA’s mission to continue bridging business ties between the two countries, as the representative business chamber in the Philippines and chief conduit for Philippine-Russian business relations. The 16-man delegation was headed by Consul a.h. Armi Lopez Garcia, Honorary Consul of the Russian Federation in the Philippines and the Founding Chairperson of the PRBA. She was joined by Former BOI Governor Geronimo Santa Ana, the Treasurer and Director of the PRBA.
PRBA has already established its counterpart in Russia, the Russian-Philippine Business Council (RPBC), headed by its President, Mrs. Evgenia Konkol. Both business chambers have successfully signed a Memorandum of Agreement wherein they agree to cooperate in business matching, education and promotion.
This time around, it was the RPBC that hosted the RPBC-PRBA Business Forum at the Russian Chamber of Commerce in Moscow. Delegates of the PRBA mission, who counted among them business and socio-civic representatives from Cebu and Manila, were introduced to the Russian business community, and were also welcomed by the Philippine Ambassador to the Russian Federation, His Excellency, Ambassador Alejandro B. Mosquera.
Business matching was conducted during the forum. The Philippine delegation assigned speakers in the forum to talk about the Philippine economic picture and possible areas of cooperation. Madam Konkol and Consul Garcia co-welcomed the participants. The main speaker was Atty Ma. Fides Balili, Principal, Tax Services and Head of the Market Group 4 of SGV (Sycip, Gorres and Velayo), who spoke on the topic “Doing Business in the Philippines”.
The seven-day trip also featured many opportunities for the delegates to experience the culture and sights of Russia. There were trips to famous landmarks, churches and museums. The PRBA believes that cultural understanding is crucial to building better business between both countries.