During Cambodian Prime Minister Hun Manet's state visit to Manila, the Philippines and Cambodia signed eight significant agreements covering trade, investment, agriculture, education, and cultural preservation.
President Ferdinand Marcos Jr. and First Lady Louise Araneta-Marcos welcomed Cambodian Prime Minister Hun Manet and First Lady Dr. Pich Chanmony to Malacañan Palace on February 11, 2025, during an arrival ceremony for their first official visit to the Philippines. This visit marked a significant step in strengthening bilateral relations between the two Southeast Asian nations.
Following a bilateral meeting, the Philippines and Cambodia signed eight agreements aimed at bolstering cooperation across various sectors. These agreements, witnessed by President Marcos and Prime Minister Hun Manet inside Malacañang, cover crucial areas such as trade, investment, agriculture, education, and cultural preservation. Key agreements include the Elimination of Double Taxation, signed by Finance Secretary Ralph Recto and Cambodian Deputy Prime Minister Prak Sokhonn, and a Memorandum of Understanding (MOU) on ICT and Digital Transformation, signed by Information and Communications Technology Secretary Ivan John Uy and Cambodian officials.President Marcos expressed his satisfaction with the agreements, noting that both sides had expressed their intent to share information and best practices regarding investment promotion and attracting foreign investments. Other agreements encompass agriculture and agribusiness cooperation, implementation of competition law, technical vocational education and training (TVET), and a tourism implementation program spanning from 2025 to 2028. Furthermore, the countries agreed on protecting cultural properties and promoting investments, underscoring their commitment to fostering stronger economic and diplomatic ties. President Marcos also emphasized the renewed commitment between the two nations in defense cooperation and the prevention of looting and illicit trafficking of cultural artifacts
PHILIPPINES CAMBODIA TRADE INVESTMENT AGREEMENTS DEFENSE CULTURAL PRESERVATION
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