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4,000 inquiries for our products in Manila



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DEPARTMENT OF TRADE AND INDUSTRY

I_ A_ . THA t A J. `-

TELEPHONE 614111 CANBERRA, A.C.T.

FOR PRESS:

4,000 INQUIRIES FOR OUR

PRODUCTS IN MANILA

More than 10,000 Philippines businessmen visited the

six-day Australian industrial display which ended in Manila

yesterday.

The 59 Australian manufacturers represented at the display reported a total of 4,000 trade inquiries and immediate

sales of about $A400,000, with further prospective sales of

$A600,000 subject to satisfactory financial arrangements.

The display was held inside a 22,000 sq.'t. pavilion

specially erected in Makati Commercial Centre and wns open only

to commercial interests.

Particular buying interest was shown in automotive servicing equipment and spare parts, industrial safety equipment, welding alloys, building materials, pumps, agricultural machinery

and metal-working machines. A number of new agency agreements were negotiated and some joint venture operations are under

consideration.

The Leader of the Australian exhibitors, Mr. G.H. Snow,

Managing Director of Mono Pumps Ltd., of Melbourne, said the display had coincided with the introduction of a floating rate

for the peso and the concurrent relaxation of some Philippine

import restrictions which had assisted business transactions.

He said the display had enYianced Australia's position as a

competitive supplier to the Philippines market.

Australia's next major trade promotion in the South-East

Asian area will be an industrial trade display in Bangkok from

March 9 to 13. 58 Australian firms are participating in this promotion and 30 Australian businessmen will be in attendance.

March 3 1970 CABLES AND TELEGRAMS ADDRESS TO 'SECTRADE CANBERRA'