Humanitarian Project Fund &
  INTERNATIONAL CHAMBER OF COMMERCE, INDUCTRY & BUSINESS COUNCIL

PROPOSED ESTABLISHMENT OF FINAPHIL ECONOMIC DIPLOMATIC MISSION -  BUSINESS COUNCIL TO FINANCE AFRICA

AND THE  PHILIPPINE - ASEAN TRADE, 

INDUSTRY, INVESTMENT  & SOCIO-ECONOMIC, CULTURAL COOPERATIONS    

 

Our International Chamber of Commerce headquartered in Turkey and operating in the African Region and in the Asia - Pacific Region is now pursuing the promotion of socio-economic, cultural, international trade, economic, financial and development which includes other beneficial co-operations under the proposed FINAPHIL joint organization. It’s an idea 

we hear quite a bit in reference to African ASEAN - American  and objectives to do so – we have to make sure to bring it up: “So many Africans have told us, we don’t want just aid, we want trade that fuels progress.”

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And yet, while trade might be the gateway to development, the statistics in Africa aren’t too impressive, especially when it comes to one of the biggest opportunities for growth: trade among African countries. In the last few years Europe, for example, 69% of exports were to other countries on the continent.  In Asia, that figure stood at 52% and in North America at 50%. Africa had the lowest level of intra-regional trade, at just 18%. 

 

In view of the foregoing, it is about time for the promotion of FINAPHIL joint cooperation and finance development of infrastructure, trade, and socio-economic undertaking under the FINAPHIL umbrella for the promotion of FINAPHIL - ASIA-PACIFIC - AFRICAN COOPERATIONS