PRESIDENT Ferdinand R. Marcos, Jr. flew to the United Arab Emirates (UAE) on Monday for a working visit aimed at deepening the Philippines’ economic and securityPRESIDENT Ferdinand R. Marcos, Jr. flew to the United Arab Emirates (UAE) on Monday for a working visit aimed at deepening the Philippines’ economic and security

Marcos leaves for United Arab Emirates to seal trade and defense agreements

PRESIDENT Ferdinand R. Marcos, Jr. flew to the United Arab Emirates (UAE) on Monday for a working visit aimed at deepening the Philippines’ economic and security ties with Abu Dhabi, as Manila seeks broader trade access and stronger defense partnerships beyond its traditional allies.

Malacañang said the President designated Executive Secretary Ralph G. Recto, Agrarian Reform Secretary Conrado M. Estrella III and Social Welfare Secretary Rexlon T. Gatchalian as government caretakers until Jan. 14 while he is overseas.

Mr. Marcos is attending the Abu Dhabi Sustainability Week at the invitation of UAE President Sheikh Mohamed bin Zayed Al Nahyan, joining other global leaders to discuss issues spanning energy transition, water management, food security, climate action and sustainable finance.

On the sidelines of the summit, the Philippine leader is expected to witness the signing of two major agreements between Manila and Abu Dhabi: a comprehensive economic partnership agreement (CEPA) and a memorandum of understanding on defense cooperation.

The CEPA would be the Philippines’ first free trade agreement with a Middle Eastern country and is intended to widen market access for Philippine goods and services in the region.

“We were among the first countries offered to conclude this agreement, and finally, we’re doing it,” Philippine Ambassador to the UAE Alfonso Ferdinand A. Ver told Radio Television Malacañang.

The planned defense memorandum will set out a framework for cooperation in developing defense capabilities and technologies, including joint training activities, officer exchanges and information sharing, Mr. Ver said.

He added that the agreement would complement existing cooperation on counterterrorism, transnational crime, illegal drugs and human trafficking.

Mr. Marcos is accompanied by senior Cabinet officials including Foreign Affairs Secretary Ma. Theresa P. Lazaro, Finance Secretary Frederick D. Go, Trade Secretary Ma. Cristina A. Roque, Migrant Workers Secretary Hans Leo J. Cacdac, Communications Secretary Dave M. Gomez and Overseas Workers Welfare Administrator Patricia Yvonne M. Caunan.

Mr. Ver said the President’s meeting with Mr. Al Nahyan would be their second in just over a year, underscoring renewed momentum in bilateral relations after a long gap in top-level engagements.

“This is the second meeting in about 14 months. Before that, it had been 15 years,” the envoy said. “Symbolically and substantively, it’s very significant.”

He said climate resilience is likely to be a key theme of the discussions, noting the Philippines’ exposure to extreme weather and its experience in adaptation efforts.

Emerging areas of cooperation include artificial intelligence, renewable energy and the digital economy, sectors where the Philippines is seeking to build stronger capabilities, Mr. Ver said.

The President is also scheduled to meet members of the Filipino community in the UAE and hold business engagements during the visit.

The Philippines and the UAE established diplomatic relations in 1974. The UAE is Manila’s biggest trading partner in the Gulf Cooperation Council, with non-oil trade reaching $1.85 billion (P110 billion) in 2022, according to UAE data. — Chloe Mari A. Hufana

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.05736
$0.05736$0.05736
+1.12%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
The CEO of Helius Labs says Solana's program model is much safer for AI than EVM's interface model.

The CEO of Helius Labs says Solana's program model is much safer for AI than EVM's interface model.

The CEO of Helius Labs, Mert Mumtaz, whose company provides infrastructure and tooling for Solana developers, stated in a post on X that Solana’s program model
Share
Cryptopolitan2026/01/13 05:55
Shiba Inu: Whale transactions jump 111%, but SHIB can’t escape THIS

Shiba Inu: Whale transactions jump 111%, but SHIB can’t escape THIS

The post Shiba Inu: Whale transactions jump 111%, but SHIB can’t escape THIS appeared on BitcoinEthereumNews.com. While Shiba Inu drifted sideways on thinning volume
Share
BitcoinEthereumNews2026/01/13 06:33