Biofuels

Expect the country’s microfinance and biofuel industries to further flourish once the various Memoranda of Agreement (MOAs) signed recently between the Philippines and Spain take effect, according to Press Secretary and Presidential Spokesperson Ignacio R. In his weekly column “The View From the Palace” which comes out tomorrow (Monday), Bunye said the new agreements are expected to “open new windows of cooperation between Manila and Madrid. Bunye said the MOAs involve the Philippines’ Department of Agriculture represented by Secretary Arthur Yap and Spain’s Ministry of Agriculture, Fisheries and Food, the Fundacion Codespa, a Spanish non-governmental organization (NGO); and Spanish-based biodiesel leader Bionor Transformacion S. Bunye pointed out that the MOA signed between the Philippines and the Fundacion Codespa concerns the “implementation of agricultural projects on microfinance, training and technology transfer. Once implemented, hundreds of thousands of Filipino farmers and fishermen stand to benefit from the MOA that provides for “cooperation in the areas of microfinance for farmers and fisherfolk and transfer of Spanish agricultural technologies, among other projects.

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