PH, Singapore boost ties, sign 2 landmarks agreements

Manila Bulletin

After months of negotiations, the Philippines and Singapore finally signed the Memorandum of Understanding (MOU) on the Recruitment of Healthcare Workers and the MOU on Collaboration on Carbon Credits Under Article 6 of the Paris Agreement, strengthening the 55-year relationship between the neighboring countries.  READ MORE: https://mb.com.ph/2024/8/15/ph-singapore-boost-ties-sign-2-landmarks-agreements  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin  Twitter: https://www.twitter.com/manila_bulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

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00:00Spirit, we have just witnessed the exchange of the memoranda of understandings for collaboration

00:06on carbon credits under Article 6 of the Paris Agreement between the Department of Environment

00:12and Natural Resources of the Philippines and the Ministry of Trade and Industry

00:16of the Republic of Singapore. Hopefully, with this memorandum, we will be able to incentivize

00:22both industries and individuals to actively work to reduce their carbon footprint while

00:28allowing the government to mobilize financial resources to boost fiscal space. We also witnessed

00:35today the exchange of the memorandum of understanding on the recruitment of Filipino

00:42health care workers. Our ministries have worked hard on this MOU in order to ensure that a balance

00:48is achieved between the needs of the health care sector of both countries as well as a need for

00:54personal development and growth of our health care workers. Through this MOU, we express our

01:00confidence in Singapore's legal and judicial system, which will ensure that the rights,

01:05welfare, and well-being of our Kababayan OFWs will be protected as they pursue their careers in

01:12Singapore. In addition to the MOU stated above, another MOU on health cooperation is presently

01:19being negotiated by our health ministries so that when the contracts of our OFWs are

01:26nearing completion, they will be able to reintegrate into the Philippine economy with ease.

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