Brazil and the Philippines have signed two memoranda of understanding (MoUs) to expand cooperation in agriculture and fair competition policies during President Luiz Inácio Lula da Silva’s first state visit to the Philippines. The visit coincides with the 80th anniversary of diplomatic relations between the two countries.
The agreements were announced during talks between Lula and Philippine President Ferdinand R. Marcos Jr., as both sides sought to strengthen economic and technical cooperation.
- The agriculture MoU promotes cooperation on sustainable farming, food security, livestock, research and innovation.
- A second agreement links Brazil’s Administrative Council for Economic Defence (CADE) and the Philippine Competition Commission to share expertise on market regulation.
- Leaders also discussed cooperation in trade, investment, energy, science, technology and defence.
The agreements form part of efforts to deepen Brazil’s engagement with Southeast Asia and expand bilateral ties with the Philippines.
ℹ️ Agência Gov (Brazil Government), Philippine News Agency