Foreign Relations
Argentina signs reciprocal trade agreement with United States
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The Argentine government signed a reciprocal trade and investment agreement with the United States, seen as a first step toward a potential free trade deal. Signed in Washington, the measure will eliminate tariffs on thousands of products and expand the beef export quota to 100,000 tons annually. Officials hailed the deal as a boost to the country's international integration.
Li Jian, director general of the Chinese foreign ministry’s Department of European Affairs, delivered a speech on Tuesday accusing Europe of an inward-looking stance toward China.
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Malacañang assured Filipinos that the country's rights in the West Philippine Sea will be safeguarded, as Manila and Beijing began 'initial exchanges' on potential offshore oil and gas exploration.
Egyptian Prime Minister Mostafa Madbouly called for deeper economic integration between Cairo and Beirut through private sector involvement and infrastructure projects, noting bilateral trade surpassed $1bn in 2024. He also demanded an immediate Israeli withdrawal from all Lebanese territories, affirming Egypt's full support for the Lebanese government's efforts to extend state authority. This came during high-level talks in Beirut on Friday.