The Bureau of Fisheries and Aquatic Resources (BFAR) is hosting an industry forum for the fisheries sector to enable small and medium businesses to take advantage of growth trends in the domestic and export market. Around 500 participants from the government, state universities, industry leaders and representatives from the fisheries sector are attending the first micro, small and medium enterprises (MSMEs) industry forum, scheduled today. The Philippines is a major exporter of fisheries products to the EU and is seen to greatly benefit from trade with the European bloc with its inclusion to the Generalized System of Preferences Plus (GSP+) as of December 2014.

Valencia, C. (2015, October 18). BFAR forum targets MSMEs. The Philippine Star, p. B-6.