MANILA (Nov. 10, 2012) -- Prime Minister Stephen
Harper announced a Memorandum of Understanding (MOU) between Canada
and the Philippines that will create new opportunities for Canadian
businesses in the defence and security sector.
“Canada and the Philippines continue to increase cooperation
on security issues,” said the Prime Minister. “This
MOU will enable the Philippines to acquire the equipment and expertise
it needs to fulfill the country’s defence and security agenda,
while creating opportunities for the Canadian defence and security
sectors in the Philippines.”
The MOU between the Canadian Commercial Corporation (CCC) and the
Filipino Department of National Defence (DND) will enable the Philippines
to acquire Canadian defence- and security-related equipment, systems
and services on a direct, sole-source basis through the CCC. The
MOU is effective immediately.
The Government of Canada, through CCC, will guarantee the terms
and conditions of contracts signed between CCC and the Philippines.
Canada’s defence and security sector employed 109,000 Canadians
and generated over $12.6 billion to the Canadian economy in 2011,
slightly more than half of which came from international markets.
Canada works closely with the Philippines to advance security-sector
reforms and capacity development.