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Marcos' India visit deepens strategic convergence
Manila Bulletin
|August 09 2025
President Ferdinand R. Marcos Jr.'s official visit to India marks a significant milestone in Philippine foreign relations as it extends beyond traditional diplomacy and ventures boldly into a realm of strategic convergence shaped by trade, technology, and geopolitical alignment.
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The visit—his first to South Asia as Chief Executive—signals a mutual recognition by both nations of the need to elevate their partnership amid shifting global dynamics. India, the world's most populous nation and one of the fastest-growing economies, is an increasingly pivotal player in the Indo-Pacific. The Philippines, as a maritime and democratic anchor in Southeast Asia, is a natural partner in advancing regional stability, economic resilience, and strategic connectivity.
Trade and investment topped the agenda, with both governments agreeing to boost two-way commerce, which remains below potential despite the size and complementarity of their economies. Easing of business regulations has been prioritized. India's capacity in pharmaceutical manufacturing and generic medicines, with an estimated 20 percent global market share, offers immense value to the Philippine healthcare sector. Lower-cost medicines and robust health supply chains are a timely pursuit, especially in light of recent pandemic experiences.
यह कहानी Manila Bulletin के August 09 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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