Landbank, Israel Embassy explore partnership to boost PH development

TO FURTHER strengthen bilateral relations between the Philippines and Israel, the Land Bank of the Philippines (Landbank) and the Israel Embassy explored possible areas of collaboration to advance economic development in the country.

Israeli Ambassador to the Philippines Ilan Fluss and Landbank president and chief executive officer Cecilia Borromeo in a meeting discussed Israel’s modern technologies and best practices for possible adoption in the Philippines, to be supported by the state bank’s expertise in agriculture and development financing.

“Landbank continues to explore strategic partnerships to help advance national development. We look forward to collaborate with the government towards the adoption of innovative technology and approaches, especially in the agriculture sector,” said Borromeo, who was joined by senior vice president Elcid Pangilinan and assistant vice president Edgardo Luzano during the meeting.

Fluss was joined by representatives from AgroStudies, an international training center in Israel which offers agricultural internships to students from developing countries, led by its CEO Yaron Tamir and deputy Inbal Shoval.

A potential partnership to endorse qualified Filipino students to undergo advanced learning and skills development training in agriculture technology and innovation in Israel was also discussed, aimed to help develop a more sustainable agriculture sector in the country. (PR)