Funding announced to promote skills development and improve access to markets for farmers
July 21, 2014 –Manila,Philippines– Foreign Affairs, Trade and DevelopmentCanada
The Honourable Ed Fast, Minister of International Trade, on behalf of the Honourable Christian Paradis, Minister of International Development and La Francophonie, today announced Canadian support for a project that will help farmers enhance their business management skills and financial literacy, and access better farming practices and markets for their products.
The Agribusiness development project, to be implemented by the International Finance Corporation, will deliver financial products and services that meet farmers’ needs, facilitate partnerships between the government and the private sector, and design policies, regulations and procedures that will improve the investment climate.
“It is essential to help small farmers grow their businesses and generate profits so that they become important engines of economic growth in their communities”, said Minister Fast. “Canadais proud to help advance the economic opportunities of women and men in thePhilippines.”
“In order to raise people out of poverty and put them on the road to prosperity, we must leverage private sector involvement, and foster good governance,” said Minister Paradis. “The private sector is the driving force behind economic growth and is essential to achieving meaningful development outcomes.”
Sandrine Périon
Press Secretary
Office of the Minister of International Development and La Francophonie
343-203-6238
sandrine.perion@international.gc.ca
Media Relations Office
Foreign Affairs, Trade and Development Canada
343-203-7700
media@international.gc.ca
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