Philippines, India agree to boost bilateral relations
India and the Philippines have agreed to further strengthen their bilateral partnership in areas including defence, maritimes, law enforcement, trade and investement.
The Philippines and India held the 5th meeting of their Joint Commission on Bilateral Cooperation (JCBC) in New Delhi on June 29. (Photo: DFA)
New Delhi (VNA) – India and the Philippines have agreed to further strengthen their bilateral partnership inareas including defence, maritimes,law enforcement, trade and investement.
The decision wasmade within the framework of the official visit to India by PhilippineSecretary for Foreign Affairs Enrique Manalo from June 27-30.
Indian Minister of External Affairs Dr. S. Jaishankar and his Fillipo counterpart Manalo co-chairedthe 5th meeting of their Joint Commission on Bilateral Cooperation(JCBC) in New Delhi on June 29.
In a joint statement issued after the meeting, the two sides agreed to upgradedofficial interaction among defense agencies, opening of the resident DefenseAttaché office in Manila, considering India's offer for concessional Line of Credit to meet Philippines'defense requirements.
Acknowledging the growing importance of the maritime sectorfor both countries, they welcomed the bilateral Maritime Dialogue and theincreased cooperation on hydrography.
They also look forward to the signing of the MoU on Enhanced MaritimeCooperation between the Indian Coast Guard and the Philippine Coast Guard (PCG).
On law enforcement cooperation, they encouraged early negotiations for abilateral Mutual ꦆLegal Assistance Treaty on Criminal Matters and a Treaty onTransfer of Sentenced Persons. The first round of talks will be held in thePhilippines in this August𒆙.
According to thejoint statement, the two sides recognised terrorism and transnational crimes as common security threats, The twoministers directed that the 2nd Joint Working Group (JWG) on Counter-Terrorismmeet in the Philippines in 2023 and discuss forging a Memorandum of Understanding on Cooperation in Preventing and Combating Terrorism andTransnational Crime.
On trade and investment, they expressed their satisfaction at thegrowing pace of bilateral trade, which had for the first time crossed 3billion USD in 2022-23 and 𓄧agreed to begin negotiations on a bilateral PreferentialTrade Agreement./.
The Philippines and the US will hold security talks in Washington on April 11, the first in about seven years, a spokesman of the US Embassy in Manila said on March 20.
The World Bank's Philippines Economic Update (PEU) said on June 7 that it expects the Philippines' gross domestic product (GDP) to grow 6% this year and 5.9% in 2024 due to solid domestic demand.
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.