The Philippines continues to strengthen foreign export and trade relations as it brings local micro, small, and medium enterprises (MSMEs) at the China-ASEAN Expo (CAEXPO) 2023 to be held from September 16 to 19 in Nanning, China.
The Philippine delegation is led by the Center for International Trade Expositions and Missions (CITEM), the export promotions arm of the Department of Trade and Industry (DTI).
A mix of exhibitors, including food and beverage manufacturers, home and lifestyle enterprises, and banking and travel companies, will be carrying the country’s banner at the China-based expo.
A welcome highlight to this year’s Philippine participation in CAEXPO is the introduction of Tuguegarao City as the country’s esteemed ‘City of Charm.’ The city will open its doors to various investment ventures and potential partnerships with national government agencies and direct foreign investment. The city is focused on generating growth in its priority sectors, such as agriculture and agribusiness, tourism and hospitality, healthcare and medical services, education and research, and manufacturing and logistics.
[Some of the product offerings at this year’s CAEXPO include: (left-right) calamansi cider vinegar from Soyuz Foods International Inc., frozen fresh white shrimp from Dataj Aquafarm Inc., vacuum-packed frozen durian from Eng Seng Food Products, and turmeric brew powder drink from Brics Ventures.]
A total of 15 exhibitors are on hand for the four-day event, featuring products and services in the following categories: (1. Food) Brics Ventures, Dataj Aquafarm Inc., Enature Energy Drinks Philippines Inc., Eng Seng Food Products, Lighthouse Cooperative, OneAsia Trader, Raspina Tropical Fruits Inc., Soyuz Foods International Inc., and 22 Propack Asia Corporation; (2. Fashion and Home) Kitsilver, and Santa Praxedes Sarakat Women Weavers Association; (3. Naturals) Bebebalm Inc., Jegen S.W.E. Enterprises; (4. Services) BDO Unibank Inc., and R&V Fly Global Travel and Tours.
CITEM Executive Director Amb. Edward L. Fereira, Ph.D underscores the long-term benefits to local companies as a result of this international exposure to export and investment opportunities. He is confident that the Philippines stands to further fortify its remarkable history and trade relations with China by promoting itself as a reliable sourcing destination of quality commodities through the marketing efforts of local exhibitors at the event.
Now on its 20th year, the CAEXPO theme of “Work together for a harmonious home and a shared future – promoting high-quality development of the Belt and Road Initiative (BRI) and nurturing new epicenter of growth” reflects this thrust of bolstering the China-ASEAN Free Trade Area (CAFTA), furthering cooperative efforts in trade, investment, tourism, and diplomatic relations between ASEAN and China.
According to Fereira, the Philippines is committed to sustaining its positive track in the regional trade and investment sector. At last year’s CAEXPO, the country garnered three awards for its outstanding representation and participation – Best Trade Visitor Award, Best Promotion on Investment Cooperation, and Best Organizer for Online CAEXPO.
This year’s engagement is also made possible in partnership with lead investment promotion agency Philippine Economic Zone Authority (PEZA). The CAEXPO 2023 marks the first physical attendance since 2019 of the delegation from the Philippines.
