Philippines–European Union relations

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European-Filipino relations
Map indicating locations of European Union and Philippines

European Union

Philippines

The European Union and the Philippines shares diplomatic, economic, cultural and political relations. The European Union has provided €3 million to the Philippines to fight poverty and €6 million for counter-terrorism against terrorist groups in the Southern Philippines. The European Union is also the third largest trading partner of the Philippines. There are 31,961 Europeans (not including Spaniards) in the Philippines.

Bilateral relations[edit]

The European Union and the Philippines are coming up with more comprehensive bilateral agreement that will further strengthen the dialogue, cooperation, and action in their partnership, specifically the issue of migration. The more than 600,000 Filipinos in Europe.[1] The Philippines exports to the European Union including coconut oil, electronic micro assemblies, electrical and electronic machinery, equipment, semiconductor devices, storage units, static converters, other brakes and servo-brakes and parts, and digital monolithic integrated circuits.[2]

Agreement[edit]

An agreement signed covers legal migration, maritime labor, education and training. The agreement also provides for dialogue and cooperation on political matters including the peace process on trade and investment such as customs facilitation and intellectual property rights on justice and security.[3]

Trade[edit]

EU – Philippines trade in 2011.[4]
Direction of trade Investment flow Investment stocks Others
EU to the Philippines € 9 billion € 5 billion € 1.1 billion
Philippines to EU € 7.9 billion € 430 million € 1.7 billion

Humanitarian aid[edit]

In December 2011, The Northern Mindanao was totally devastated by the storm. The European Commission allocated 3 million ($3.9 million) to provide emergency relief to tens of thousands of people affected by Tropical Storm Washi.[5] In December 2012, The European Commission is providing Euro 10 million (Php 543 million) for the victims of Typhoon Bopha, notably in the provinces of Compostela Valley and Davao Oriental in Mindanao.[6]

Others[edit]

In 2013, the European Union has lifted a three-year ban on Philippine Airlines flying into its airspace after the national carrier addressed safety concerns. The European Commission and the Air Safety Committee are encouraged by the actions being taken by the Civil Aviation Authority of the Philippines and Philippine air carriers to address outstanding safety issues.[7]

References[edit]

  1. ^ "Philippines-European Union Partnership, Cooperation". Tempo. July 7, 2012. 
  2. ^ "Philippines, EU sign new framework for partnership". InterAksyon. July 12, 2012. 
  3. ^ "Philippines-European Union Partnership, Cooperation". Tempo. July 7, 2012. 
  4. ^ "Trade, Investment and Financial Links". EU Delegation to the Philippines. July 19, 2013. 
  5. ^ "EC mobilizes funds to help ‘Sendong’ victims". Inquirer. December 23, 2011. Retrieved December 23, 2011. 
  6. ^ [1]
  7. ^ "European Union lifts safety ban on Philippine Airlines". EUbusiness. July 10, 2013. 

External links[edit]