Tuesday, September 22, 2020

Nograles: PH-Russia Mous To Help Pinoy Tuna Producers

Nograles: PH-Russia Mous To Help Pinoy Tuna Producers

Spotlight

7 Commandments To Revitalize The Country Safely

Medical experts recommend strict health protocols for public transportation.

Alibaba Cloud Launches New Digital Ecosystem Strategy In The Philippines

This will help local businesses adapt further to the new normal!

EDC Donates PCR Machines To Enhance Negros Oriental’s COVID-19 Resiliency

Energy Development Corporation donates equipment worth P8.5-million to Negros Oriental.

CeMAP, PISI Express Full Support For Bayanihan To Recover As One Act

The Cement Manufacturers Association of the Philippines and Philippine Iron and Steel Institute announce full support to the recently signed Bayanihan to Recover as One Act.

Three Memoranda of Understanding (MOU) signed between Philippine tuna producers and their Russian counterparts at a business forum attended by President Rodrigo Duterte during his five-day trip to Russia should pave the way for greater business opportunities for the country’s USD400-million tuna industry.

This according to Cabinet Secretary Karlo Nograles, who said the MOU between Century Pacific Food and Russian partners Magnit Food Retail Chain and LLC Dalpromryba is part of government efforts to deliver on its commitment to Philippine tuna producers to find new markets like Russia.

The President together with members of the Cabinet witnessed the signing.

“The trip of the President was very productive, and this agreement is one of many that will benefit Philippine business interests, especially those that are based in Mindanao,” Nograles said.

Nograles pointed out that the Philippine fisheries industry has shown promise in 2019, with fisheries output up by 1.51 percent in the first six months of 2019. Of the seven major species caught by Filipino fishermen, four major species exhibited production growth: roundscad, tiger prawn, tilapia, and yellowfin tuna — with yellowfin tuna posting the biggest growth, at 33.4 percent.

“As a son of Mindanao, I consider the MOUs a big win not just for tuna producers, but for Mindanao, as the region is the source of 90 percent of tuna produced by our country. This is an industry that creates jobs and annual direct revenues of USD400 million. In General Santos City alone, the industry directly employs 25,000 workers,” stressed the former congressman from Davao.

According to Nograles, even before the country’s official delegation left for Russia, one of the priorities of the government was to explore business opportunities for the country’s growing tuna industry.

Nograles revealed that in the 21st National Tuna Congress in September, members of the Soccksargen Federation of Fishing and Allied Industries, Inc. (SFFAII) requested assistance in finding export partners for their products, specifically Russia.

“That was on top of the SFFAII’s agenda, which is why their request was immediately relayed to Department of Trade and Industry (DTI) Secretary Mon Lopez, who made sure that this would be included among the trade initiatives to be pitched by the Philippines,” Nograles explained.

Nograles said the government expects the whole Philippine tuna industry, not just Century Pacific Food, to benefit from the trade agreements, as “the ultimate objective is to open the door, to enter a new and promising market.”

“Today, the Philippines is the top tuna-exporting country to Spain, Germany, and the United Kingdom. Collectively, we export 171,452 metric tons of tuna to these three markets each year, the equivalent of USD492 million,” Nograles said.

“Russia has the 6th largest economy in the world and a population of 146 million people, so the potential is there. The Philippine tuna industry will profit immensely if we are able to maximize our entry into the Russian market, and one of the immediate beneficiaries will be Mindanao.” (PNA)

Photo Credit: facebook.com/knograles

Latest News

Globe Partners With DLSU For World-Class STEM Education

Globe partners with De La Salle University to enhance the delivery of world class Science, Technology, Engineering and Mathematics (STEM) education to its students.

Sen. Pangilinan: Agriculture Is Engine Of Growth During COVID-19 Pandemic

"'Pag mas marami ang tanim, mas mababa ang presyo. Pero volume na yon. At kapag mas mababa ang presyo sa retail, may food for everybody. Food secure na 'yon."

Sen. Gatchalian Pushes For Replacement Fuel To Malampaya To Avert Possible Brownouts

"We're racing against time. If we fail to act now, we could be experiencing anew a debilitating rotational brownout by 2024 once our power supply from the Malampaya gas field is depleted."

Valenzuela Requires All Indoor Shops To Use Contact Tracing App

Heads up! All enclosed indoor establishments in Valenzuela will be required to to use the Valenzuela Tracing Application (ValTrace app) starting October 5.

Bataan Logs 30th Coronavirus Death

A senior citizen in Bataan has succumbed to the coronavirus recently.

Tagaytay ‘Good Model’ For Tourism Ops Amid COVID-19

Eleazar lauds Tagaytay City for being a good model in managing the entry and movement of tourists to ensure that both local residents and visitors are protected from COVID-19.

Comelec Releases Disinfection Schedule In 4 Regions

Take note of the disinfection days at the Comelec office!

DFA Logs 1 More Overseas Filipino Infected With COVID-19

DFA reports 1 more case of COVID-19 among Filipinos abroad on Saturday.

Mayor Isko Calls For Unity, Cooperation In Saving Manila Bay

"Hindi kalaban ang pamahalaan, meron tayong kalaban, baka katabi nyo lang, andyan lang si COVID-19 lumiligid ligid, yun ang tunay na kalaban."

Pres. Duterte To Address Nation From Davao City On Monday

Expect PRRD to deliver his weekly address in Davao today.