Philippines-UAE Sign CEPA to Strengthen Trade and Investment

Philippines and UAE Strengthen Economic Ties with CEPA Signing

Abu Dhabi — President Ferdinand “Bongbong” Marcos Jr. and UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan witnessed the signing of the Comprehensive Economic Partnership Agreement (CEPA), a major step in deepening economic relations between the Philippines and the UAE.

The CEPA aims to boost bilateral trade, attract investments, and enhance cooperation in critical sectors including energy, agriculture, logistics, technology, and tourism. The agreement highlights both nations’ commitment to sustainable economic growth and strategic partnerships.

President Marcos underscored that the agreement will open new markets for Philippine products, create jobs, and strengthen the country’s global economic standing. He also emphasized the UAE’s importance as a key economic partner and trading hub in the Middle East.

President Sheikh Mohamed bin Zayed reaffirmed the UAE’s dedication to economic collaboration, stating the CEPA provides a platform for greater private sector engagement and long-term mutual prosperity.

The signing of the CEPA demonstrates the strong diplomatic ties between the Philippines and UAE and sets the stage for a resilient and dynamic economic partnership benefiting both nations and their citizens.