WEDNESDAY |MARCH 05, 2008| PHILIPPINES

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Seafood exporters close
$6.5M supply deal in US


FILIPINO seafood exporters closed some $6.5 million worth of fish export deals in the United States following the visit of a trade mission headed by Agriculture Secretary Arthur Yap to the International Boston Seafood Show last week.

Yap, who is in the US for a week-long trade mission to attract more agriculture and fisheries investments, said the Boston fair attracts close to 18,000 buyers across the globe. He said the fish export deals will involve tuna, octopus, bangus and value-added seafood products like fish ham and sausages, adobo and teriyaki bangus.

Yap said local exporters who took part in the seafood show like Bluefin Seafood Export, JNMercado Seafood Supply, Anio Farms, Fisher Farm Inc., Jarla Trading, MS Seafood and FAB. Sea Resources Corp. were not only able to close deals with buyers but were also able to "learn new products and technology, develop or strengthen connections with their American counterparts, and find out about current issues affecting the business."

Yap, who will visit Washington, San Francisco and Los Angeles after Boston, will also attend a global conference on renewable energy and spearhead a Philippine agricultural investment and trade mission to generate North American ventures in the country's biofuels industry and in the high-value commercial crops subsector.

Yap said his participation in the Washington International Renewable Energy Conference would give the Philippines a valuable opportunity to generate international interest in the country's biofuels feedstock development program. He said he will also meet with North American business leaders and witness the finalization of biofuels project agreements which would further secure and promote investment and export deals for the country's agricultural sector. - Job T. Realubit

 


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