Canada and Philippines conclude free trade talks: PM's office cites 3.4 billion dollars in 2025 trade, signature targeted for 2027
Canadian Prime Minister Mark Carney met Philippine President Ferdinand Marcos Jr. in Manila on November 14. A readout from the Prime Minister's Office said the leaders welcomed the successful conclusion of negotiations for a Canada-Philippines free trade agreement, just one year after they announced their launch, and that both countries are now working toward the agreement's signature in 2027.
Bilateral merchandise trade reached 3.4 billion dollars in 2025, the readout said. Once in force, the agreement could increase exports up to three times by 2035.
The leaders also announced new joint measures on defence and security, including the launch of a new cyber security dialogue, biannual military-to-military talks, steps toward agreements on customs cooperation and the protection of sensitive information, and the extension of Canada's Dark Vessel Detection program to 2033. Canada also announced 26 million dollars in international assistance for community resilience, investment readiness and food logistics in the Luzon Economic Corridor, climate-resilient agriculture, and strengthening nuclear regulatory capacity in the Philippines.
Source: Prime Minister of Canada
Published by GSM · USA (original Chinese edition)
Photo: 图中是马尼拉马拉卡南宫建筑群内的 Goldenberg Mansion，菲律宾总统府位于该建筑群。E911a, CC BY-SA 4.0, via Wikimedia Commons
