Print Article
>> Back to the article
June 25, 2009
Philippines, Brazil reach deal

BRASILIA (Brazil) - THE presidents of Brazil and the Philippines have promised to avoid resorting to protectionist trade measures and say they will work together to develop alternative energy sources.

Philippine President Gloria Macapagal Arroyo and Brazilian President Luiz Inacio Lula da Silva made their pledges on Wednesday as they signed mutual cooperation agreements in the fields of bio-energy and agriculture.

In a joint statement, the two presidents say they will work to increase bilateral trade, which surpassed US$1 billion (S$1.48 billion) in 2008. -- AP

Copyright © 2007 Singapore Press Holdings. All rights reserved. Privacy Statement & Condition of Access
S M T W T F S
07 08 09 10 11 12 13
14 15 16 17 18 19 20
Best viewed at 1152x864 resolution with IE 6.0 or FireFox 2.0 and above Copyright © 2008 Singapore Press Holdings Ltd. Co. Regn No. 198402868E | Privacy Statement | Terms & Conditions