Manila

EU trade chief to visit Manila to finalise Philippines trade deal

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EU Trade Commissioner Maroš Šefčovič will visit Manila next week to finalise a trade agreement with the Philippines, the European Commission confirmed to Euronews on Monday.


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The agreement is nearing conclusion as Brussels has increasingly looked to the Asia-Pacific over the past year to diversify its trade ties.

Since the return to power of US President Donald Trump, the global trade order has been shifting, with the EU seeking new markets for its exports.

The latest round of EU-Philippines trade talks took place in May, with access to public procurement emerging as the final sticking point. An agreement would mark a shift for the Philippines, which has so far kept public contracts closed to foreign bidders.

The Commission told MEPs earlier this month that the rest of the agreement was ready. The aim is to lift trade barriers between both partners in most sectors.

An official from the EU executive also told MEPs that sanitary and phytosanitary rules for food products were “ambitious”, alongside automotive standards that would improve EU manufacturers’ access to the Philippine market. The official added that the EU and the Philippines were “complementary” in both industrial goods and agriculture.

The deal is an important one for Manila, which has been hit by US tariffs in 2025 and by the war in Iran, which heavily impacted energy prices in the country.

However, the Philippines also reached “upper-middle-income country” status in August, granted by the World Bank, which makes it a promising market — “One of the most dynamic economies in the East Asia Pacific region since 2010,” the World Bank said.

Bilateral trade in goods between the EU and the Philippines amounted to €16.8 billion in 2024. That same year, the EU was the Philippines’ fourth-largest trading partner, accounting for 7% of the country’s total trade in goods, while the Philippines was the EU’s 39th-largest trading partner, accounting for 0.3% of the EU’s total trade in goods.

After the Philippines, the Commission aims to conclude talks with Thailand, making 2026 a strong year for EU trade deals across Asia and the Pacific, with agreements already reached with Australia and India.

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Arab News | Riyadh Air ramps up global operations with inaugural flight to Manila

MANILA: Saudi Arabia’s new national carrier Riyadh Air launched its first flight to Manila on Wednesday, marking the latest addition to its growing network of global destinations.

Riyadh Air operated a 290-seat Boeing 787-9 Dreamliner aircraft for the route between the Saudi and Philippine capital, with its arrival at the Ninoy Aquino International Airport around 3:55 p.m. marking the first operation of the service.

“The new … service adds another option for passengers traveling between the Philippines and Saudi Arabia, and another international carrier to NAIA’s growing network. Welcome to Manila, Riyadh Air!” NAIA said in a statement announcing the Riyadh Air service.

There are more than 910,000 Filipinos living and working in Saudi Arabia, as the Kingdom hosts the biggest number of overseas Filipino workers and was their top destination in 2024, according to Philippine government data.

In that year alone, almost 22 percent of Filipinos, or more than 480,000, who sought work abroad chose the Kingdom, driven in part by the Saudi Vision 2030 economic diversification program.

Saudi tourists are also one of the Philippines’ fastest-growing and highest-value markets, according to the Philippine Department of Tourism, with tourism receipts reaching over $37 million in 2024, a 46-percent rise from the previous year.

The Saudi carrier has swiftly expanded its air links with Asia with the launch of multiple flights across the region in recent months, including to Malaysia, Pakistan, India and Thailand.

Riyadh Air’s Manila route followed the airline’s launch of its Bangkok service last week, with Thailand eyeing more high-value tourism from the Middle East.

The Tourism Authority of Thailand is expecting about 600,000 travelers from the Middle East this year, after recording about 210,000 arrivals in the first half of 2026.

It shows similar trends across Asia, where popular holiday destinations are increasingly targeting tourists from the Middle East as part of their tourism growth strategy.

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