MANILA - The country’s actions for inclusive and sustainable growth will further be bolstered by Canada’s designation of the Philippines as a country of focus.
In a statement, the Department of Foreign Affairs (DFA) said: “The special designation as a Country of Focus also holds the promise of greater two-way bilateral trade and investment flows, and the designation also manifests an alignment in foreign policy, extending to various security, economic, socio-cultural and people-to-people interests.”
Canada announced over the weekend the news, which means the Philippines will become a priority recipient of development assistance under its international development assistance program.
The DFA said Canada’s move “further illuminates the excellent bilateral relations between the Philippines and Canada, which is bolstered by strong people-to-people linkages, and highlights a strong affinity for principles and pursuits to promote prosperity and productivity, as well as freedom, peace, justice, human rights, gender empowerment, security, and the rule of law across the globe.”
The government agency took note of Canada’s swift action during the devastation of super typhoon Yolanda. It said Canada’s federal government facilitated a special typhoon matching fund that has grown to over 170 million Canadian dollars.
“Furthermore, Canada has played a key role in the Mindanao peace process, and its development assistance will help ensure the success of the implementation of the peace agreement,” the DFA said.