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"The JCTEC is equally important as it will tackle a broader perspective of economic cooperation between the two countries," Lopez said.
At the sidelines of the launch of the FTA negotiations, "The JCTEC is equally important as it will tackle a broader perspective of economic cooperation between the two countries," Sec.
The JCTEC is a mechanism to improve bilateral economic relations between the Philippines and Russia.
The first JCTEC meeting tackled economic cooperation initiatives in areas such as trade, investments, industry, peaceful use of nuclear energy and agriculture, among others, according to DTI.
The mission is in conjunction with the inaugural Philippine-Turkey Joint Committee for Trade, Economic and Technical Cooperation (PH-TR JCTEC) on February 6, 2018 in Ankara, Turkey.
This is the first JCTEC under the present administration, marking a renewed interest on both sides after tensions over a territorial dispute over the West Philippine Sea spilled over to also affect the trade and investment fronts.
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