The Ministry of Agriculture, Food and Rural Affairs is inviting overseas buyers and officials from Philippine agricultural mechanization agencies to support the export expansion of domestic agricultural machinery companies.
The ministry announced that it will hold an export consultation meeting for overseas buyers and an informational session for the Philippine Agricultural Mechanization Center (PhilMech) from November 4 to 6 in conjunction with the International Agricultural Machinery Expo at Daegu EXCO.
The export consultation will take place on November 4 and 5 in the international conference room at Daegu EXCO. A total of 25 overseas buyers from 14 countries, including Malaysia, Indonesia, Kazakhstan, Australia, and Denmark, will participate alongside 56 domestic agricultural machinery and facility material export companies. More than 400 one-on-one export consultations are expected to occur.
To ensure that consultations lead to actual contracts, the ministry plans to connect domestic companies with buyers based on pre-identified business needs and enhance follow-up management after the consultations. Notably, a buyer from Kazakhstan, who first participated in the Daegu export consultation last year and has continued to engage with domestic companies, has been invited again. This buyer is expected to sign contracts with seven domestic companies during the event.
An informational session for PhilMech and government agencies to support entry into the Philippine market will also be held on November 4. Aileen Reyes Rigisan, a section chief at PhilMech, will introduce local market trends and export strategies to domestic agricultural machinery exporters. The session will cover the Philippine national certification system for agricultural machinery, import registration procedures, government procurement, and participation in agricultural machinery distribution projects.
The following day, November 5, representatives from PhilMech and the Philippine Embassy in South Korea will visit domestic agricultural machinery companies, including Ihwa Industrial and Bulls. Ihwa Industrial collaborates with PhilMech in post-harvest processing areas such as milling and drying, while Bulls works with PhilMech in the mechanization of field crops. The site visits aim to showcase the technology and products of domestic companies and continue fostering cooperation between the two countries.
Lee Si-hye, director of agricultural industry innovation policy at the Ministry of Agriculture, Food and Rural Affairs, stated, "It is important to expand practical trading opportunities between overseas buyers and domestic companies while enhancing understanding of overseas markets. We will strengthen the discovery of promising buyers and post-management, and expand cooperation with government agencies in key export target countries to support the overseas market entry and export expansion of domestic agricultural industry companies."
The ministry announced that it will hold an export consultation meeting for overseas buyers and an informational session for the Philippine Agricultural Mechanization Center (PhilMech) from November 4 to 6 in conjunction with the International Agricultural Machinery Expo at Daegu EXCO.
The export consultation will take place on November 4 and 5 in the international conference room at Daegu EXCO. A total of 25 overseas buyers from 14 countries, including Malaysia, Indonesia, Kazakhstan, Australia, and Denmark, will participate alongside 56 domestic agricultural machinery and facility material export companies. More than 400 one-on-one export consultations are expected to occur.
To ensure that consultations lead to actual contracts, the ministry plans to connect domestic companies with buyers based on pre-identified business needs and enhance follow-up management after the consultations. Notably, a buyer from Kazakhstan, who first participated in the Daegu export consultation last year and has continued to engage with domestic companies, has been invited again. This buyer is expected to sign contracts with seven domestic companies during the event.
An informational session for PhilMech and government agencies to support entry into the Philippine market will also be held on November 4. Aileen Reyes Rigisan, a section chief at PhilMech, will introduce local market trends and export strategies to domestic agricultural machinery exporters. The session will cover the Philippine national certification system for agricultural machinery, import registration procedures, government procurement, and participation in agricultural machinery distribution projects.
The following day, November 5, representatives from PhilMech and the Philippine Embassy in South Korea will visit domestic agricultural machinery companies, including Ihwa Industrial and Bulls. Ihwa Industrial collaborates with PhilMech in post-harvest processing areas such as milling and drying, while Bulls works with PhilMech in the mechanization of field crops. The site visits aim to showcase the technology and products of domestic companies and continue fostering cooperation between the two countries.
Lee Si-hye, director of agricultural industry innovation policy at the Ministry of Agriculture, Food and Rural Affairs, stated, "It is important to expand practical trading opportunities between overseas buyers and domestic companies while enhancing understanding of overseas markets. We will strengthen the discovery of promising buyers and post-management, and expand cooperation with government agencies in key export target countries to support the overseas market entry and export expansion of domestic agricultural industry companies."
* This article has been translated by AI.
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