The Philippine Chamber of Commerce and Industry (PCCI) continues to play a major role in assisting its members cope with major developments in the global trade arena.
To date, PCCI has signed over 200 co-operation agreements with national chambers of commerce and international agencies. These agreements, which call for trade, investment, technological linkages and exchanges of trade delegations and business leads, among others, have enabled the PCCI to actively push for the interests of the Philippine business sector vis-à-vis other economies.
To implement the provisions of the agreements, the PCCI has established 55 business councils covering Asia-Pacific, Americas, Europe, Middle East and African regions. These business councils meet with their respective counterparts, through the Joint Business Council (JBC) meetings, to talk about specific economic agenda as well as issues that hinder efficient market access such as food labeling, customs rules and regulations.
PCCI business councils also send major business missions abroad, not only to traditional trading partners but also to emerging markets as well, providing more market prospects for its members. Efforts are also on-going to link with other major economic and development councils around the world. The Chamber also organizes business forums, networking sessions, site visits and related activities for inbound delegations organized by its partner CCIs providing its members and attached organizations the setting to discuss potential joint ventures with foreign companies.
The PCCI also plays an active role in major international business organizations like the Association of South East Asian Nations – Business Advisory Council (ASEAN-BAC), International Chambers of Commerce (ICC) and the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI). Participation in these organizations further strengthens the PCCI's international linkages and provides venues to engage its foreign partners in tackling trade and investment cooperation issues.