Cebu province, St. Petersburg sign Friendship and Cooperation Agreements

June 7, 2009 9:19 am 

ST. PETERSBURG, Russia, June 6 -– St. Petersburg and Cebu province have signed two agreements, setting the stage for heightened economic, trade and cultural relations between administrations of this historic former capital of the Russian Empire, and the Philippines’ second biggest industrial center after Metro Manila.

The first document is an Agreement on Friendship and Cooperation between the governments of the city of St. Petersburg of the Russian Federation, and Cebu province.

The other is an Agreement of Cooperation between the St. Petersburg Chamber of Commerce and Industry (SPCCI) and the Cebu Chamber of Commerce and Industry (CCCI).

Both accords were signed in the presence of President Gloria Macapagal-Arroyo who arrived here Thursday afternoon on the last leg of her two-nation swing: to South Korea for the ASEAN-Korea Commemorative Summit and to Russia to attend the 13th St. Petersburg International Economic Forum.

With the President at the signing of the Cebu-St. Petersburg agreements at the Smolny-Historic St. Petersburg City Hall were First Gentleman Jose Miguel Arroyo, Foreign Affairs Secretary Alberto Romulo, Press Secretary Cerge Remonde, Cebu Gov. Gwendolyn Garcia and other Philippine officials.

The Cebu-St. Petersburg accord cited the desire of both parties to “foster expanded economic and humanitarian cooperation, promote long-term trade and economic, scientific and technical, and cultural relations and maintain close ties of friendship between the peoples of both states.”

Under the agreement, the Cebu provincial administration and the government of St. Petersburg vowed to develop economic, trade, technical and cultural cooperation through direct interaction between government officials of the two parties and economic entities.

They also agreed to “promote the development of effective forms of joint industrial and commercial activities… create favorable conditions for the development of comprehensive linkages of the economic activities.”

The two sides also agreed to jointly organize festivals, cultural events and facilitate the development of mutually beneficial tourism activities.

The Cebu-St. Petersburg accord was signed by Governor Garcia for Cebu province, and Gov. Valentina I. Matvienko of St. Petersburg.

On the other hand, under the cooperation agreement by the SPCCI and the CCCI, both parties agreed to “promote the strengthening and development of trade and economic, scientific and technical relations between enterprises, organizations, companies and entrepreneurs of St. Petersburg and Cebu.

The STCCI and its Cebu partner also vowed to establish direct contact between potential business partners, organize trade missions, fairs and exhibits, trade houses and representative offices of both Philippines and Russian companies in the two countries.

The STCCI-CCCI agreement was signed by Vladimir I. Katenev, president of the STCCI, and Ed F. Limtingco, vice-president for membership of the CCCI. (PNA)

LGI/OPS/rsm

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