ADFIAP Invited to Asian Eximbank Forum

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Upon invitation of the Japan Bank for International Cooperation (JBIC), this year’s Forum host, ADFIAP represented by its Secretary General, Mr. Octavio B. Peralta, attended both as an observer and a speaker at the 12th Annual Meeting of the Asia Eximbanks Forum in Tokyo from November 8-10, 2006. Mr. Peralta informed the Forum of ADFIAP’s mission, programs and advocacies as well as the investment patterns of its development-bank members.

The general theme of the Forum was “Partnership in an Era of Globalization and Regional Cooperation” and discussed issues like partnerships in promoting trade and investments with third countries, consolidation of regional energy security (including energy conservation and improvement of energy efficiency), promotion of SMEs supporting industries, and outreach and collaboration in capacity-building.

The event was also an occasion for the Forum members to sign a document called the “Tokyo Consensus” spelling out cooperation activities among the Asian Eximbank members, particularly on the proposal to launch a Pan Asian Exim Bond among participating Eximbanks in Asia. The nine Forum members include eximbanks in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Korea and Thailand. 47 delegates from as many countries attended the Forum.

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