MOSCOW—Department of Trade and Industry (DTI) Secretary Ramon Lopez has assured Russian businessmen that it is “business as usual” in the Philippines despite the martial law declaration of President Rodrigo Duterte in Mindanao.
During the Philippine-Russia Business Forum at the Four Seasons Hotel here, Lopez said the situation in Mindanao is under control.
“It’s business as usual in the Philippines,” he told businessmen attending the forum.
Moreover, the DTI chief presented in the business forum the ‘Dutertenomics’ or the socioeconomic agenda of the Duterte administration which aims to improve the quality of life of the Filipinos, address inequality, and reduce poverty in the country.
Over 200 Philippine-based businessmen travelled to Russia for the business fora on Thursday and in St. Petersburg on Friday.
The Philippines business delegation is composed of businessmen in sectors of construction, infrastructure, logistics, power, entertainment, information technology and services, among others.