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ICC hopeful conflict in Israel won't derail trade

THE International Chamber of Commerce's (ICC) leadership in the country is hoping that bilateral trade between the Philippines and Israel will not be severely interrupted by the crisis around Gaza, although a temporary slowdown in the exchange of goods is expected.

In an interview on Saturday, Jesus Varela, ICC Philippines director general, said the foundations of Manila-Tel Aviv trade have become strong over the years, and a number of Israeli companies have established their presence in the Philippines' technology sector.