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PBBM optimistic as Philippines commits to nuclear energy by 2032
President Ferdinand R. Marcos Jr. witnessed the signing ceremony of the 123 Agreement, which signifies a crucial step for the Philippines towards integrating nuclear energy into its energy mix by 2032.
During the ceremony, PBBM expressed enthusiasm for this partnership with the United States, highlighting the potential of nuclear energy to address the country's growing energy demands. He also acknowledged the eagerness of both Philippine and American companies to participate in potential nuclear power projects, underscoring the importance of this collaboration for the nation's energy security and economic growth.
President Ferdinand R. Marcos Jr. reported a productive three-day state visit to Czech Republic where he met all four top-ranking government officials and forged significant memoranda of understanding (MOUs).
President Ferdinand R. Marcos Jr. departed for Manila, concluding his state visit to the Czech Republic. During his time in Prague, PBBM engaged in diplomatic discussions with Czech leaders, focusing on trade, investment, and the welfare of Filipino workers. He also addressed the Philippines-Czech Business Forum to promote Philippine tourism and encourage Czech businesses to invest in the country.
The Philippine government has intensified its collaboration with Czech Republic through the Department of Migrant Workers (DMW) to protect rights and ensure the welfare of overseas Filipino workers (OFWs) in the central European country, President Ferdinand R. Marcos said.
President Ferdinand R. Marcos Jr. on Friday witnessed the ceremonial signing of memoranda of understanding (MOUs) with Czech business leaders aimed at promoting trade and investment between the Philippines and the Czech Republic.
PBBM outlined the country's role as a host to Tier 1 and 2 aerospace parts suppliers, serving major manufacturers like Airbus. He also discussed the Armed Forces of the Philippines Modernization Program, aimed at enhancing defense capabilities and creating opportunities for defense equipment sales.
PBBM underscored the PH's strong track record in electronics manufacturing and emphasized the significant growth in the IT-BPM industry.
The President highlighted the strength of the Filipino workforce, stating it as one of the country's biggest assets.
Seeking to harness the expertise of the Czech Republic in minerals processing, President Ferdinand R. Marcos Jr. invited Czech companies to invest in the processing of the country’s critical minerals to mitigate the risks of global supply chain disruptions.
In his toast remarks at the Prague Castle hosted by Prague President Petr Pavel and his wife First Lady Eva Pavlová Thursday night, President Marcos highlighted the strong relationship between the Philippines and the Czech Republic.
President Ferdinand R. Marcos Jr. held talks with Czech Prime Minister H.E. Petr Fiala to enhance security and economic ties between the Philippines and the Czech Republic. PBBM was joined by Senate President Juan Miguel Zubiri, House Speaker Ferdinand Martin Romualdez, Department of Foreign Affairs Secretary Enrique Manalo, Department of Trade and Industry Secretary Alfredo Pascual, Presidential Communications Office Secretary Cheloy Velicaria-Garafil, MNSA, and Philippine Ambassador to the Czech Republic, Eduardo Martin Meñez.
