The Philippines and the United Kingdom on Wednesday vowed to strengthen cooperation on sectors of mutual interest to recover from the pandemic.
These include economic reform, green infrastructure, human development, and digital economy and in priority sectors such as manufacturing and innovation.
The Philippines and UK at the 3rd Economic Dialogue agreed to continue coordination on trade policy, regional trade interests, and multilateral engagement, in addition to a regular dialogue on market access issues and investment opportunities.
“The UK is a key trade, investment, and cooperation partner of the Philippines. Given the importance of international collaboration especially in global health response and economic recovery efforts in view of the pandemic, we acknowledge the complementarities that both our countries can capitalize on towards this end,” said Trade Undersecretary Ceferino Rodolfo.
Ambassador to the Philippines Laure Beaufils also underscored the UK’s commitment to deepen inclusive and sustainable economic development ties with the Philippines as well as to explore opportunities for regional opportunities in light of the UK’s conferment as Asean Dialogue Partner and the Philippines’ role as Asean Economic Coordinator for the UK.
