Philippines and UAE sign free trade agreement

The Philippines and the United Arab Emirates have signed a Comprehensive Economic Partnership Agreement to broaden market access for goods and services, and create more opportunities for Filipino workers in the Middle Eastern country. This marks the Philippines' first free trade deal with a Middle Eastern state, occurring during President Marcos' two-day working visit to the UAE.

At the Abu Dhabi National Exhibition Center, on the sidelines of the Abu Dhabi Sustainability Week 2026 Summit, President Ferdinand Marcos Jr. and UAE President Sheikh Mohamed bin Zayed Al Nahyan witnessed the signing of the Comprehensive Economic Partnership Agreement (CEPA).
Trade Secretary Ma. Cristina Roque and UAE Foreign Trade Minister Thani bin Ahmed Al Zeyoudi signed on behalf of their countries.
The Presidential Communications Office (PCO) stated that the CEPA aims to reduce tariffs, enhance market access for goods and services, increase investment flows, and create new opportunities for Filipino professionals and service providers in the UAE.
It covers sectors such as digital trade, micro, small and medium enterprises (MSMEs), sustainable development, intellectual property, competition and consumer protection, government procurement, and technical cooperation.
Philippine exports like bananas, pineapples, canned tuna, electronics, machinery, and other high-demand products are expected to benefit.
According to PCO preliminary studies, the agreement could boost Philippine exports to the UAE by 9.13 percent, generate consumer savings, and strengthen trade linkages with the Gulf region.
It also provides a stable, non-discriminatory environment for Filipino firms, including MSMEs in information technology-business process management, tourism, healthcare, education, construction, and professional services.
The CEPA complements the Philippines' existing free trade agreements with Japan, South Korea, the European Free Trade Agreement, and regional pacts within ASEAN and the Regional Comprehensive Economic Partnership.
The Philippines already has agreements with the UAE, including the Investment Promotion and Protection Agreement and cooperation on trade, energy, logistics, innovation, and tourism.
First Lady Liza Marcos, Foreign Affairs Secretary Ma. Theresa Lazaro, Finance Secretary Frederick Go, and Special Envoy Kathryna Yu-Pimentel attended the ceremony.
It was followed by a brief meeting between Marcos and Sheikh Mohamed to discuss trade, defense, and sustainable development.
This is Marcos' 40th overseas trip since assuming the presidency in 2022; he departed Manila on Monday evening and arrived in the UAE the same night.

مقالات ذات صلة

Japanese and Philippine officials shake hands after signing defense pact in Manila, flags and Indo-Pacific map in background.
صورة مولدة بواسطة الذكاء الاصطناعي

Japan and Philippines sign new defense pact to strengthen ties

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

Japan and the Philippines signed a new defense pact in Manila on Thursday. The Acquisition and Cross-Servicing Agreement (ACSA) facilitates the provision of supplies like fuel, ammunition, and food between their forces during joint exercises, aimed at deterring China's growing maritime assertiveness. Amid rising regional tensions, both nations emphasized upholding the rule of law in the Indo-Pacific.

تعمل مصر والإمارات العربية المتحدة على إنهاء المفاوضات حول اتفاقية شراكة اقتصادية شاملة تهدف إلى تعزيز تدفق الاستثمارات وتحسين القدرة التنافسية الاقتصادية. أكد وزير الاستثمار والتجارة الخارجية المصري حسن الخطيب ذلك خلال لقاء في القاهرة مع وزير التجارة الخارجية الإماراتي ثاني بن أحمد الزيودي. ركز اللقاء على تطوير الاتفاقية لتحقيق مصالح مشتركة.

من إعداد الذكاء الاصطناعي

وقعت مصر وكوريا الجنوبية بيانًا مشتركًا يمهد لاتفاقية شراكة اقتصادية شاملة، بهدف تعزيز التعاون في الاستثمار والتجارة. جرت التوقيع خلال اجتماع ثنائي بمشاركة مسؤولين كبار من الجانبين. يركز الإطار على نقل التكنولوجيا والتنمية الصناعية في قطاعات رئيسية.

Brazil's Senate approved the EU-Mercosul free trade agreement on Wednesday (4), completing congressional proceedings and sending the text for presidential sanction. The treaty is expected to take provisional effect in May after notification to the EU. Negotiated since 1999, it links markets with a combined GDP of $22 trillion and will eliminate tariffs on 91% of bilateral trade.

من إعداد الذكاء الاصطناعي

The European Council approved the free trade agreement between the European Union and Mercosul on Friday (9), with support from 21 of the 27 member states, following negotiations started in 1999. Despite the progress, hurdles remain, including European Parliament approval and potential legal challenges from countries like France. Signing is scheduled for January 17 in Asunción, Paraguay.

وقّع الرئيسان برابوو سويبوانتو ودونالد ترامب اتفاقية التجارة المتبادلة (ART) في واشنطن العاصمة، مُدخلين عهدًا جديدًا من التعاون الاقتصادي بين البلدين. تشمل الصفقة تعريفات جمركية بنسبة 0% على 1819 بندًا جمركيًا للمنتجات الإندونيسية، بما في ذلك المنسوجات ضمن آلية حصص. أكد إيرلانغا هارتارتو أن ART تركز حصريًا على التجارة، مع معالجة قضايا مجلس السلام بشكل منفصل.

من إعداد الذكاء الاصطناعي

EU countries have backed the historic trade deal with Mercosur by qualified majority, paving the way for signing on January 17 in Paraguay. The agreement, negotiated for over 25 years, sparks divisions due to farmers' protests fearing unfair competition. Spain supports the decision, seen as a step toward European strategic autonomy.

 

 

 

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