Philippine President Marcos Returns from Trip to Central Europe

President of the Philippines Ferdinand “Bongbong” Marcos Jr. has returned home to the Philippines after a trip to Germany and the Czech Republic, which granted around $4 billion USD in investments in areas like healthcare, agriculture, and energy, as detailed in his arrival speech today, March 16th.

Marcos traveled to Czechia and Germany from the 11th to the 15th. The trip also saw the leader discuss increasing cooperation in agriculture, defense, and trade and investment.

Marcos described a successful deal between him and the aviation company Lufthansa Technik, which plans to construct an aircraft hanger at Clark International Airport, costing around $150 million (P8 billion).

The Philippines also signed labor agreements with the two nations, which included meetings with both German Chancellor Olaf Scholz and Czech Prime Minister Petr Pavel.

Marcos Jr. described the trip as: “Overall, I am confident that these visits to Germany and the Czech Republic have strengthened our bonds with these two countries in Central Europe and created opportunities for cooperation and prosperity.”