PBBM touts gains from working visit to UAE; PBBM, UAE Pres. Sheikh Mohamed bin Zayed Al Nahyan witnessed signing of CEPA

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PBBM touts gains from working visit to UAE; PBBM, UAE Pres. Sheikh Mohamed bin Zayed Al Nahyan witnessed signing of CEPA  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00The Comprehensive Economic Partnership Agreement, an all-encompassing trade deal inked by both countries,

00:06was well worth the cost of the trip and sweat equity expended by the President and his working entourage.

00:13But there's more. A Memorandum of Understanding on Defense and Security,

00:17a potential data center to rise in the southern Tagalog region,

00:21and a forum of global cooperation towards sustainable development and climate action,

00:26the President took part in along with other global leaders and stakeholders.

00:31That our Kenneth Paciente sums up in this report.

00:36President Ferdinand R. Marcos Jr. touted the gains from his working visit to the United Arab Emirates, or UAE.

00:43Among the key outcomes was the signing of the Comprehensive Economic Partnership Agreement, or CEPA,

00:48witnessed by the President and UAE President Sheikh Mohammed bin Zayed Al-Nayan.

00:52The deal aims to cut tariffs, open markets for goods and services, boost investments,

00:58and create more opportunities for Filipino professionals in the UAE.

01:02It also covers key areas such as digital trade, MSMEs, sustainability, intellectual property,

01:08consumer protection, government procurement, and technical cooperation.

01:12Philippine exports such as bananas, pineapples, canned tuna, electronics, and machinery are expected to benefit.

01:18The President said the agreement will further strengthen bilateral ties and support the growth of Filipino working in the UAE.

01:24Initial studies show CEPA could raise Philippine exports to the UAE by about 9.13 percent

01:30and strengthen trade links with the Gulf region.

01:33A Defense Cooperation Memorandum of Understanding, or MOU, was also signed,

01:37seen as a platform to advance defense technologies and strengthen the armed forces of both countries.

01:43The agreement will also enable more training and stronger intelligence and security sharing.

01:47The President also met with officials of Damak Digital, a UAE-based digital infrastructure and data center company.

01:53President Marcos Jr. and Damak Digital founder Husein Sajwani discussed planned investments in the Philippines,

01:59including a data center project in Laguna.

02:02Partnership opportunities in the Philippines' digital infrastructure sector were also explored.

02:07The President stressed that Damak Digital's investment could position the Philippines as a regional data center hub

02:12as the government continues to push for a stronger digital economy.

02:16One of the highlights of the visit was the President's participation in the Abu Dhabi Sustainability Week.

02:21He underscored the need for stronger global cooperation to advance sustainable development and climate action.

02:27The President reaffirmed the Philippines' commitment to the Sustainable Development Goals

02:30by linking climate action, adaptation, and economic growth.

02:33He also highlighted his administration's agenda focused on inclusive growth,

02:38innovation, resilient infrastructure, and strong institutions.

02:41The Chief Executive said sustainability is shared responsibility

02:44and that the Philippines is ready to lead and act ahead of the Philippines' ASEAN Chairship.

02:50The President said technology and sustainability will be at the heart of the country's regional leadership agenda.

02:55Kenneth Paciente

02:56From The National TV

02:58For a new and better Philippines

03:00For a new and better Philippines' ASEAN Chairship

03:09Dear Jessica Wiry

03:13For a new and better

03:18For a new and better standards if we cannot predict weit19 and other avanz vive

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