Russia held a celebration for its national day (June 12th) last Thursday night with diplomats, Philippine government officials and businessmen in attendance at the spacious Mandarin Oriental Hotel Ballroom, Makati City. The event provided a chance to develop closer trade links between the two countries.
Trade between the two countries reached $1.64 billion in 2011, up 15 percent from the previous year. Russian Ambassador Nikolay Kudashev opened the possibility for Filipino banana growers to sell their produce to Russia following China’s claim in March that it had found pests in bananas from the Philippines, prompting it to impose stricter regulations in screening the fruit.
“That could be a possible point of cooperation because we buy bananas from Ecuador and Central America. Those (countries) are too far away,” he said.
Source: www.freshplaza.com