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President Ram Nath Kovind in Philippines signs 4 agreements: Details, Aim, Highlights

President Ram Nath Kovind in Philippines signs 4 agreements: Details, Aim, Significance

President Ram Nath Kovind is on his seven-day visit to the Philippines and Japan.

President Ram Nath Kovind reached Philippines and held delegation level restricted talks with his Filipino counterpart Rodrigo Roa Duterte. 

India and Philippines' four agreements include Science and Technology, Maritime, Tourism, and Culture.

India and Philippines agreements also include the exchanging of white shipping data that includes identification and information about the movement of commercial and non-military vessels.

India and Philippines agreements will not only strengthen the bilateral relations but also put an impact on China and its dominating image in the region.

Significance

The Philippines can emerge as one of the most focused countries for India’s corporate business expansion. India and the Philippines economic-ties can achieve new heights.

India is hoping to get defense cooperation and participation in weapon modernization of the Philippines.

Several Indian companies are looking for investment opportunities in the health, innovation and pharma sectors.


 

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