The Philippines and the European Union (EU) reaffirmed their commitment to expanding development cooperation and strategic investments, with renewed focus on the Mindanao peace process, good governance, and the country’s transition toward a green and digital economy.
The commitment was reinforced during the 6th Meeting of the Sub-Committee on Development Cooperation held in Manila on October 1, 2026, under the EU-Philippines Partnership and Cooperation Agreement.
The meeting was co-chaired by Department of Finance (DOF) Undersecretary Joven Balbosa of the International Finance Group and Ovidiu Mic, Head of Unit for South and South-East Asia at the European Commission’s Directorate-General for International Partnerships.
Both sides reviewed ongoing development programs and investment initiatives, identifying two major priorities: supporting peace and good governance in Mindanao and accelerating the Philippines’ green and digital transformation.
The Philippines and EU also expressed their intention to deepen cooperation under the Global Gateway initiative and the Enhanced Partnership signed on July 24, 2026.
The partnership seeks to promote sustainable connectivity, environmental protection, digital transformation, and inclusive economic growth while maintaining support for peace and development efforts in Mindanao.
