The Philippines and Singapore are aiming for closer cooperation to accelerate their recovery from the Covid-19 pandemic and emerge stronger together.
Both nations agreed to enhance bilateral cooperation during President Ferdinand Marcos Jr.'s state visit to Singapore.
Discussions included the importance of collaboration for an inclusive and sustainable recovery from the pandemic.
The two countries will explore methods to improve supply chain connectivity and resilience to bolster mutual economic strength.
Economic ties between the Philippines and Singapore have grown despite pandemic disruptions, with bilateral trade reaching USD16.5 billion in 2021.
Singapore was the Philippines' top foreign investor in 2021, contributing USD1.5 billion in investments.
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