Investments, diplomatic wins for PH


President Marcos has secured a commitment from aerospace firm Airbus to work with the Department of Transportation

President Ferdinand Marcos, Jr. throughout the Philippine-German Enterprise Discussion board, March 13, 2024. | PHOTO: Official fb web page of Bongbong Marcos

MANILA, Philippines–Speaker Ferdinand Martin G. Romualdez recommended President Ferdinand R. Marcos, Jr. as he arrived within the nation for securing immense advantages for the nation from his back-to-back visits to Germany and the Czech Republic.

Romualdez stated the stable help expressed by leaders of the 2 international locations for the safety of the nation’s sovereignty and rights within the West Philippine Sea, billions of {dollars} in funding offers clinched and agreements signed that will create hundreds of jobs for Filipinos underscore the important significance of the non-public diplomatic initiatives of Marcos.

“The immensely helpful outcomes of President Marcos’ journey to Germany and the Czech Republic starkly show the essential function of private interplay between leaders of countries in enhancing bilateral relations and advancing nationwide curiosity,” stated Romualdez, chief of the 300-plus sturdy Home of Representatives.

“Face-to-face interactions enable leaders to develop private relationships and construct belief with one another. Belief is a basic element of worldwide relations, and private interactions may help leaders perceive one another’s views, intentions, and considerations higher,” he added.

He famous that each German Chancellor Olaf Scholz and Czech Republic President Petr Pavel harassed their nation’s help for our stance on the observance of rules-based order, notably beneath the United Nations Conference on the Legislation of the Sea (UNCLOS), within the West Philippine Sea.

“Other than the official statements issued, these private conferences between leaders function highly effective symbols of cooperation and goodwill, sending a robust and unmistakable sign to home audiences and the worldwide neighborhood alike their stable dedication to advance the frequent pursuits of their international locations,” Romualdez stated.

“In statecraft, in addition to in enterprise, profitable private interactions between leaders can create momentum for additional engagement and cooperation between their respective international locations, resulting in sustained progress in bilateral relations,” he added.

Within the assembly with Scholz, Marcos additionally mentioned with the German chief issues on enhancing cooperation in peace and growth, maritime, local weather change, labor, commerce and funding–particularly in inexperienced power initiatives—and the safety of the rights and welfare of Filipinos within the European nation.

For his three-day working go to to Germany journey alone, Marcos bagged not less than USD 4 billion or P220 billion price of funding offers from eight various kinds of agreements.

Whereas within the Czech Republic, Marcos met with the heads of the federal government, specifically President Pavel and Prime Minister Petr Fiala, and the heads of the Czech Parliament, Senate President Miloš Vystrčil and Speaker of the Chamber of Deputies Markéta Pekarová Adamová.

Aside from the WPS situation, discussions of Marcos with the Czech leaders centered on additional enhancing bilateral cooperation within the areas of commerce and funding, protection, agriculture, renewable power, transport, and people-to-people exchanges.



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Underscoring the financial efficiency of the Philippines, Romualdez stated Marcos made a compelling pitch to Czech companies to put money into the areas of IT-BPM, electronics, manufacturing, meals and agriculture, and automotive/EV manufacturing, amongst others.



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