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feb13.2013_bSpeaker welcomes Members of the European Union Parliament

feb13.2013_bSpeaker welcomes Members of the European Union Parliament

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Speaker welcomes Members of the European Union Parliament
Speaker welcomes Members of the European Union Parliament

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Published by: pribhor2 on Feb 13, 2013
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02/13/2013

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Speaker welcomes Members of the European Union Parliament
Speaker Feliciano Belmonte, Jr. warmly welcomed a high-power delegation of theEuropean Union Parliament led by Hon. Werner Langen of the Group of the EuropeanPeoples Party (EPP) of Germany during their recent courtesy call at the House of Representatives.The Manila delegation is a full-fledged diplomatic mission tasked to officiallyrepresent the European Union in the country. It plays an essential part in its political,economic and commercial relations with the country and provides information on the policies and institutions of the EU.The Delegation also plays a crucial role in supervising the implementation of EUcooperation programs in the Philippines, a role that is steadily increasing in line with thedeconcentration of cooperation activities from the Headquarters to Delegations foreseen inthe reform of the management of the EU’s external assistance.The relationship between the European Union and the Republic of the Philippines isa longstanding one, which has broadened and deepened remarkably in recent years.It has focused from the onset at combating poverty and raising standards of living of the poorest groups in the country. This has included support for rural development and for agrarian reform, the health sector including women’s health, local governance and promotion of human rights, democracy and rule of law.EU is a major trade and investment partner of the Philippines, with a two-way tradeamounting to more than 10 billion per year. In 2006, Philippine exports to the EUamounted to 6.5 billion, while EU exports to the Philippines came to 4.0 billion, the balance of trade showed a healthy surplus of some 2.5 billion in favor of the Philippines.European companies have also been significant investors in the Philippines over thelong-term, whether in the banking, industrial or service sectors. It is also an important partner for Philippine development.The European Commission (EC) development cooperation with the Philippines is based on a Strategy Paper outlining the key priorities for cooperation which focus onhelping the Philippines meet its Millennium Development Goals, by supporting a moreequitable access to quality basic social services, such as the health services, through budget support and sector-wide approaches.Also, the EC cooperation helps the Philippines in its political, economic and socialreform processes by providing support to boost trade and its investment flows, to restore
NR # 3014BFEB. 13, 2013

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