WAM
12 Sep 2023, 10 GMT+10
DUBAI, 11th September, 2023 (WAM) -- Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, today received a high-level delegation from the Philippines at the headquarters of the Ministry of Economy in Dubai.
The delegation included Benjamin Diokno, Secretary of Finance; Amenah Pangandaman, Secretary of Budget and Management; Arsenio Balisacan, Secretary of the National Economic and Development Authority; Francisco G. Dakila, Jr., Deputy Governor of the Central Bank of the Philippines; Rosalia de Leon, National Treasurer; and Alfonso Ferdinand A. Ver, Ambassador of the Philippines to the UAE, in addition to several officials.
During the meeting, the two sides discussed avenues of enhancing trade and investment relations, highlighting the latest updates of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, which began after the two sides announced the beginning of talks during February 2022, with the aim of enhancing investment flows, facilitating intra-trade movement, and creating new opportunities for business communities in the two countries.
They also reviewed developments related to boosting bilateral relation and ways to develop joint economic projects across sectors of mutual interest, such as clean energy, artificial intelligence, transportation and logistics, as well as financial and banking services.
The two sides focused on the importance of joint work through the private sector by benefiting from the chambers of commerce and industry in the two countries, as well as joint and local business councils.
Non-oil intra-trade between the UAE and the Philippines continued to flourish in the first half of 2023, recording US$ 506.1 million, an increase of 19.4 percent compared to the same period in 2022, while intra-non-oil trade in 2022 totalled over US$ 1.850 billion, up from US$ 830.3 million and US$ 715.6 million in 2021 and 2020, respectively.
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationDUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...
ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...
LONDON, UK: In a deal aimed at securing the future of the British steel industry, the United Kingdom (UK) government ...
BERLIN, Germany: Mercedes-Benz has been warned that Germany could issue a recall for some autos found to have pollution-defeat devices ...
ABU DHABI, 22nd September, 2023 (WAM) -- Etihad Airways is doubling its daily flights between Abu Dhabi and Kuala Lumpur, ...
U.S. Sen. Bob Menendez of New Jersey and his wife were indicted Friday on charges that they took bribes of ...
New York [US], September 23 (ANI): External Affairs Minister S Jaishankar on Friday (local time) held a meeting with counterparts ...
Kiev's forces reportedly fired Storm Shadow cruise missiles during its most-recent strikes on CrimeaUkraine used British-supplied Storm Shadow missiles to ...
washington - The European Union and its Western partners are grappling with how to maintain diplomatic relations in the Sahel ...
The United States is the only Western nation among the world's 50 most conflict-ridden countries, according to new research that ...
INSTANBUL - As the Turkish government has stepped up its pledges to protect family values, members of the LGBTQ community ...
Washington, DC [US], September 23 (ANI): The I2U2 group of India, Israel, the United Arab Emirates and the United States ...