Tag Archives: Philippines Expo Pavilion

Ahead of the Expo 2020 Dubai opening this October, the Philippine Department of Trade and Industry (PDTI) is optimistic that the global event would catalyze robust and sustainable increase in trade exchanges between the Philippines and the United Arab Emirates and the wider Middle East, as bilateral trade between the two nations rose 32% during the first 5 months of 2021. The PDTI, the lead implementing agency of the Philippines’ participation in Expo 2020 Dubai, said the country’s total trade (export and import) with the UAE crossed AED1.33 billion ($362 million) for the period of January to May 2021, with exports valued at AED411 million ($112 million) and imports at AED918 million ($250 million). PDTI Assistant Secretary for the Trade Promotions Group and PH Expo 2020 Dubai, Alternate Commissioner General Rosvi C. Gaetos underscored that the forthcoming World Expo is deemed a game-changer in Philippines-UAE trade relations due to a forecast in the influx of opportunities and investments during and after the six-month long event, which is projected to drive increased revenue in major sectors and industries. Jobs creation With more than 190 countries converging in the Expo—the biggest event ever been held in the Middle East—the Philippines targets to showcase the very best of its culture, heritage, and technology to millions of global audiences, in order to draw investors to the country. This will enable the government to boost the confidence of the global business community to invest in the Philippines. In turn, it would have a positive impact on employment. Gaetos said: “During the Expo, the country hopes to strengthen its trade partnership with the UAE and the greater Middle East region on key sectors. With the magnitude …

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