PH, UAE commit to deeper economic ties

MANILA – The Philippines and the United Arab Emirates (UAE) on Tuesday committed to deepening bilateral relations, especially in the economy and trade.

In his one-day working visit to the Gulf State, President Ferdinand R. Marcos, Jr. met with UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and expressed the Philippine government’s openness to strengthening economic ties with the UAE.

President Al Nahyan, in a social media post, said he discussed with Marcos opportunities to further deepen cooperation between the UAE and the Philippines.

The two countries are currently negotiating a Comprehensive Economic Partnership Agreement, according to the Department of Trade and Industry (DTI).

During their meeting in Abu Dhabi, Marcos also expressed his gratitude to President Al Nahyan for UAE’s assistance in several matters, including the arrest and turnover of a sex trafficker to the Philippine authorities and the training and support for the Philippine National Police (PNP).

The President also thanked the UAE for pardoning 143 Filipinos during this year’s Eid al-Adha and for its humanitarian aid to victims of recent flooding in the Philippines.

Around one million Filipinos are in the UAE, making it the second-largest employer of Filipino expats after Saudi Arabia.

The Philippines and the UAE are celebrating 50 years of diplomatic relations since establishing diplomatic ties on August 19, 1974. (PNA)

Related articles

Philippine Airfares Face New Increase as CAB Raises Fuel Surcharges for November 1–15

Filipino travelers could face higher airfare costs in early November after the Civil Aeronautics Board (CAB) raised the allowable airline fuel surcharge from Level...

‘Already decided?’ Netizens raise concerns about prejudgment after Escudero’s VP succession statement

Senate President Pro Tempore Francis “Chiz” Escudero’s statement that he would reject the vice presidency if Vice President Sara Duterte were removed from office...

Anti-Duterte writer Philip Lustre arrested for cyberlibel

QUEZON CITY — Journalist Philip Lustre Jr., a longtime critic of former President Rodrigo Duterte whose writings included personal attacks and approval of Duterte’s...