PH, UAE eye stronger trade, investment ties

Updated Tue, June 4, 2024 at 4:46 PM Published Tue, June 4, 2024 at 3:47 PM

The Philippines and the United Arab Emirates (UAE) are aiming to strengthen their bilateral ties and deepen their partnership, with a focus on trade and investments.

President Ferdinand "Bongbong" Marcos Jr. met with UAE Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan at Malacañang Palace to discuss enhancing their relationship.

Marcos expressed gratitude for the UAE's assistance to the Philippines and its citizens, particularly acknowledging the support during crises and for the estimated 700,000 Filipinos working in the UAE.

Minister Al Nahyan confirmed the growing relationship between the two nations and stated that the UAE looks forward to a better trade relationship, acknowledging the Philippines' welcoming stance towards investors.

Both leaders conveyed mutual gratitude for the support each country has provided to the other.

The Philippines and the UAE are key partners in various fields, including peace efforts, development, and combating climate change.

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