MANILA, Philippines — President Ferdinand Marcos Jr. and Brazilian President Luiz Inácio Lula da Silva agreed to strengthen cooperation in trade, agriculture, renewable energy, technology, and defense during Lula’s state visit to the Philippines.
The two leaders discussed expanding investment opportunities, improving food security, and developing sustainable energy sources, particularly biofuels.
The Philippines also sought access to Brazil’s agricultural expertise and technologies to boost farm productivity and prepare for the potential impact of a super El Niño.
Defense cooperation was also discussed, including possible joint research, development, and production to support the Philippines’ self-reliant defense program.
Lula invited Marcos to visit Brazil with a business delegation to explore additional trade and investment opportunities.
Following their meeting, the two leaders witnessed the presentation of agreements covering agricultural cooperation and competition law enforcement.
The discussions coincided with the Philippines’ hosting of the 49th ASEAN Summit, where Lula is participating as a guest of the ASEAN chair.
The proposed initiatives aim to create more business opportunities, strengthen food and energy security, and deepen economic ties between the Philippines and Brazil.
