Minister and Consul General Romulo Victor Israel Jr. (second row, leftmost) of the Philippine Embassy in Korea, with ROK Trade Minister Yeo Han Koo (first row, center) and other representatives from resource rich nations during the roundtable meeting convened by the ROK Ministry of Trade, Industry and Energy on Supply Chain Partnership, 24 February 2022 at the Lotte Hotel Seoul. (Official photo courtesy of MOTIE)

06 March 2022, Seoul - Minister and Consul General Romulo Victor Israel Jr. represented the Philippines in the follow-up roundtable meeting convened by the ROK Ministry of Trade, Industry and Energy (MOTIE) supply chain partnership on 24 February 2022 at the Lotte Hotel Seoul.

The Philippines is part of the ten resource-rich nations that participate in the regular roundtable discussion on supply chain cooperation convened by MOTIE. During the meeting, the Philippines reiterated that as one of the world’s major suppliers of raw nickel, cobalt, and copper needed for the global value chain, it looks forward to collaborating with ROK in the supply assurance and processing of these minerals through programs benefiting both countries. The Philippines invites  Korean companies to invest in the sustainable processing of minerals and ores, as the Philippine government aims to revitalize the mining industry. ROK Minister for Trade Yeo Han Koo welcomed the Philippines’ invitation and expressed interest in facilitating Korean investments in the mining industry. END