AT LEAST 10 business deals are expected to be signed between the Philippines and Japan during President Rodrigo Duterte's third visit to Tokyo in late May.
"So far, we have around two [memoranda of understanding] and eight na letters of intent. In other words, companies that are already here that are intending to expand their operation, invest more, expand the operations. These are big Japanese companies we cannot also ignore," the Trade chief said. The Trade chief was confident that the trade relations between the Philippines and Japan would further improve, following the impending signing of the deals.Duterte is scheduled to fly to Japan to participate in the 25th International Conference on the Future of Asia on May 30 to 31.
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