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Thursday, June 19, 2025
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Kuwait-Manila bonds gain momentum: ambassador

‘Philippines right place for multi-pronged investment’

publish time

18/06/2025

publish time

18/06/2025

KUWAIT CITY, June 18: “The Kuwaiti-Philippine relations are historic and both countries are keen to further strengthen cooperation in various fields,” says Assistant Foreign Minister for Asian Affairs Ambassador Samih Hayat. Hayat made the statement on the sidelines of his participation in the Philippine Embassy’s celebration of the 127th anniversary of the independence of country. He praised the results of the meeting between the His Highness the Crown Prince Sheikh Sabah Al-Khaled -- the representative of His Highness the Amir Sheikh Meshal Al- Ahmad Al-Jaber Al-Sabah, and President of the Philippines Ferdinand Marcos Jr. on the sidelines of the two summits held in Malaysia between the Gulf Cooperation Council (GCC) and the Association of Southeast Asian Nations (ASEAN), and the GCC and China.

On the other hand, Philippine Ambassador to Kuwait Jose Cabrera III praised the deep-rooted friendship between his country and the State of Kuwait, stressing that these relations are witnessing growing momentum, thanks to the high-level meetings between the leaderships of the two countries and the ongoing cooperation in various fields. He indicated that his country aspires to host the first round of bilateral consultations in Manila this year, which will address important issues such as maritime safety, combating human trafficking, sports, and international security.

He expressed his country’s appreciation for the contribution of more than 220,000 Filipinos residing in Kuwait to the economic and social development of both countries, while commending the measures taken by the Kuwaiti authorities to improve labor conditions and protect them. He recalled the struggles of forefathers who sacrificed their lives for the independence of the Philippines and the first raising of the flag on June 12, 1898, emphasizing that the Philippines remains committed to the values of peace, democracy, and human rights despite all the challenges. He also affirmed that the Philippines has become an attractive destination for investment, especially in the sectors of agriculture, services, electric vehicles, renewable energy, and space technology -- benefiting from a young and skilled workforce.

By Fares Ghaleb Al-Seyassah/Arab Times Staff