Biotech Updates

U.S. Signs Agriculture Agreement with Philippines

June 27, 2008

A memorandum of agreement was signed between the U.S. and Philippine Agriculture Secretaries to promote agricultural trade and investment between the two countries. The science and technology collaboration will advance agricultural cooperation, productivity and sustainable natural resource management.

"We are further strengthening our agricultural and strategic partnership through increased cooperation that standardizes food safety regulations, rural development, biotechnology, and product distribution and marketing”, said Agriculture Minister Ed Schafer. The Philippines is a key market in Southeast Asia for U.S. agricultural exports while the U.S. remains the top food and beverage supplier to the Philippines. The U.S. is the number one market for Filipino agricultural products such as coconut oil, tropical fruits,  vegetables and sugar.

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