LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met Ambassador of Philippines Dr. Emmanuel R. Fernandez to discuss a broad spectrum of mutual interests including bilateral relations, investment, climate change, defence cooperation and parliamentary engagement.
Both sides agreed to further strengthen partnerships between Punjab and Philippines. She invited Philippines investors to explore investment opportunities in Punjab, assuring them complete support and facilitation. She congratulated Philippines on its upcoming ASEAN Chairmanship in 2026.
Expressing deep condolences over recent earthquakes and typhoons in Philippines, Chief Minister Punjab said that Pakistan stands in solidarity with the people of Philippines in this hour of grief. She noted that both countries have faced similar challenges from floods and typhoons, reinforcing the need for closer cooperation on climate resilience.
Highlighting 76-year long friendship between Pakistan and Philippines, Chief Minister Maryam Nawaz Sharif said that existing cordial relationship between the two countries is rooted in shared spiritual, cultural and humanitarian values. She emphasized that Lahore and Punjab remain open and welcoming to friendly nations. She noted that 25 MoUs signed between the two countries and the 2022 Defence Cooperation Agreement added a new dimension to bilateral ties. She also acknowledged the proud role played by Pakistan and the Philippines in the establishment of the Loss and Damage Fund.
The Chief Minister expressed Punjab’s interest in benefiting from Philippines’ expertise in disaster management through institutional exchanges. She reiterated Pakistan’s support for sustainable peace and de-radicalization efforts. Underscoring Punjab’s economic significance, she said the province contributes 60% to Pakistan’s national GDP. She further highlighted extensive opportunities in IT, energy, agriculture, food processing, pharmaceuticals, auto parts, logistics, and construction.
She mentioned that initiatives such as SIFC and PBIT provide one-window facilitation and policy stability for investors. She added that Punjab’s Special Economic Zones offer world-class infrastructure along with tax incentives and customs facilitation. She apprised that Pakistan also remains ready to deepen cooperation with Philippines in defence training, joint exercises, counter-terrorism efforts and intelligence sharing.
Maryam Nawaz Sharif noted that thousands of Philippine citizens reside in Pakistan and a large number of Pakistanis live in Philippines, serving as a strong bridge of friendship between the two nations. Highlighting Lahore’s new titles as a UNESCO Creative City and ECO Tourism Capital 2027, she said these honours will open new avenues for cultural and tourism collaboration. Both sides reaffirmed their commitment to strengthening bilateral relationship based on friendship, trust and shared values.
Chief Minister Maryam Nawaz Sharif expressed her firm resolve to elevate cooperation between the two countries across all sectors to new heights
Copyright Business Recorder, 2025