Philippines, Japan to sign 12 deals valued $2 billion during Duterte's visit.

He stated that throughout the see, Manila and Tokyo are also anticipated to work on official development assistance (ODA) supporting training, technical cooperation as well as research and advancement.

The new administration is promoting strengthening ties with Asian next-door neighbors.

President Duterte's recent official trips include those in Laos, Indonesia, and Brunei Darussalam.

The Cabinet member included that the majority of these offers between Filipino and Japanese firms remain in the sectors of manufacturing and agriculture.

He pointed out that the worth of these B2B contracts is approximated at $2 billion.

The Chief Executive's see to Japan follows his four-day journey to China recently, where he acquired some $24 billion worth of deals.

On the sidelines of the launch of e-Presyo in Makati City, Lopez stated some 200 business people will join President Duterte in his main check out to Japan on Tuesday to Thursday.

Trade Secretary Ramon Lopez informed press reporters Monday that the Philippines and Japan are set to sign 12 business-to-business (B2B) deals throughout the upcoming three-day main visit of President Rodrigo Duterte to Tokyo.

"There's purchasing dedication from a Japanese business to import fruits from the Philippines," Lopez said.

Source: Interaksyon