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PHILIPPINES AND REPUBLIC OF KOREA SIGN AGREEMENTS FOR AGRICULTURAL MECHANIZATION AND MODERNIZATION

7July 2022, Seoul - The Philippine Embassy in Korea witnessed the signing ceremony of three new Memoranda of Agreements (MOAs) between the Department of Agriculture - Philippine Center for Postharvest Development and Mechanization (DA-PhilMech) and the Korea Agricultural Machinery Industry Cooperative (KAMICO) and three Korean firms Sungboo Co., Ltd., Bulls Company Ltd., and Leehwa Industry Company on 20 June 2022 at the KAMICO Center in Cheonan. The agreements are pursuant to the continuing PH-ROK technical cooperation in agricultural machinery development since 2016.

In her remarks, Philippine Ambassador to Korea Theresa Dizon-De Vega highly commended these initiatives and its contributions to the Philippine government's initiatives towards the full mechanization and modernization of the Philippine agriculture sector. Ambassador Dizon-De Vega underscored that the MOAs draw on the strengths of the Republic of Korea in agricultural mechanization and modernization and the Philippines' readiness and capacity for innovation and manufacturing of agricultural implements and machinery in bringing about full agricultural mechanization and modernization. The success of the agreement will truly be felt in the positive impact this will have on the work of farmers and farming enterprises particularly in the vital Philippine agricultural sectors such as mango, corn, and onion farming.

PhilMech Executive Director Dr. Dionisio Alvindia represented the Philippines while KAMICO Chairman Kim Shin Gil, CEO Young Yoon Jang of Sungboo Co. Ltd., CEO Young Jo Nam of Bulls Company Ltd., and CEO Sok Jin Lee of Leehwa Industry Company were also present in witnessing the signing of MOAs on onion production system, mango spraying, fruit bagging and harvesting and an amendment on the MOA on technical cooperation for development of village-level corn-milling machine.

The Philippine Agriculture Office in Seoul headed by Agriculture Attache Ms. Maria Alilia G. Maghirang was in close coordination with KAMICO on this significant initiative for the agriculture sector. END

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