NATIONAL
Advocates Philippines
Marcos Jr. And New Zealand's Deputy Prime Minister Discuss Geopolitical Issues And Bilateral Cooperation
Photo credit: PCO
President Ferdinand Marcos Jr. hosted New Zealand's Deputy Prime Minister and Minister for Foreign Affairs, Winston Peters, on Tuesday, fostering discussions on geopolitical issues and enhancing cooperation between the two nations. The meeting, held in Malacañang, aimed to build upon the agreements made during Prime Minister Christopher Luxon's recent visit to the Philippines in April.
President Marcos expressed satisfaction in welcoming Peters to Manila, recalling the fruitful discussions held during Prime Minister Luxon's visit. Highlighting the need for collaborative responses to complex geopolitical challenges, President Marcos emphasized the importance of smaller countries aligning their positions.
During Luxon's previous visit, discussions encompassed various sectors, including agriculture, trade, and investment opportunities, alongside updates on ongoing expansions and operations in New Zealand. President Marcos expressed optimism that Peters would engage with Filipino government officials and the private sector to further develop the ideas previously discussed with Prime Minister Luxon.
In response, Peters conveyed gratitude for the warm welcome and acknowledged the productive talks following Prime Minister Luxon's visit. The discussions during Luxon's trip focused on strengthening bilateral ties, with both leaders aiming to elevate the relationship to a Comprehensive Partnership by 2026. Emphasis was placed on cooperation in defense, security, and maritime affairs, with agreements signed to address common threats.
Trade and economic relations were also bolstered, with goals set to increase two-way trade by 50 percent by 2030 and enhance collaboration across various sectors. Both nations highlighted the importance of people-to-people connections, renewable energy initiatives, and joint efforts to combat climate change.
Furthermore, regional and global developments were addressed, including concerns over the South China Sea, the Middle East humanitarian crisis, Russia's actions in Ukraine, and the situation in Myanmar.
Formal diplomatic relations between the Philippines and New Zealand date back to July 6, 1966. Last year, New Zealand ranked as the Philippines' 28th trading partner out of 230, with total trade amounting to US$495.37 million. While New Zealand stands as the country's 38th export destination and 24th import source, a trade deficit of US$361.94 million exists between the two nations.
President Marcos expressed satisfaction in welcoming Peters to Manila, recalling the fruitful discussions held during Prime Minister Luxon's visit. Highlighting the need for collaborative responses to complex geopolitical challenges, President Marcos emphasized the importance of smaller countries aligning their positions.
During Luxon's previous visit, discussions encompassed various sectors, including agriculture, trade, and investment opportunities, alongside updates on ongoing expansions and operations in New Zealand. President Marcos expressed optimism that Peters would engage with Filipino government officials and the private sector to further develop the ideas previously discussed with Prime Minister Luxon.
In response, Peters conveyed gratitude for the warm welcome and acknowledged the productive talks following Prime Minister Luxon's visit. The discussions during Luxon's trip focused on strengthening bilateral ties, with both leaders aiming to elevate the relationship to a Comprehensive Partnership by 2026. Emphasis was placed on cooperation in defense, security, and maritime affairs, with agreements signed to address common threats.
Trade and economic relations were also bolstered, with goals set to increase two-way trade by 50 percent by 2030 and enhance collaboration across various sectors. Both nations highlighted the importance of people-to-people connections, renewable energy initiatives, and joint efforts to combat climate change.
Furthermore, regional and global developments were addressed, including concerns over the South China Sea, the Middle East humanitarian crisis, Russia's actions in Ukraine, and the situation in Myanmar.
Formal diplomatic relations between the Philippines and New Zealand date back to July 6, 1966. Last year, New Zealand ranked as the Philippines' 28th trading partner out of 230, with total trade amounting to US$495.37 million. While New Zealand stands as the country's 38th export destination and 24th import source, a trade deficit of US$361.94 million exists between the two nations.
Jun 11, 2024
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