The Philippines-European Union (EU) Partnership and Cooperation Agreement (PCA) will focus on a green resilient economy, justice, and peace in the next seven years.

In a statement, the EU said, however, that the immediate priority of its assistance to the Philippines will be in supporting socioeconomic recovery from the Covid-19 crisis.

These were discussed during a recent meeting between the EU and Philippine governments for the new program cycle of 2021 to 2027.

On April 19, 2021, the Government of the Philippines and EU held the first meeting of the Sub-Committee on Development Cooperation under the PCA on a virtual platform.

The Sub-Committee on Development Cooperation was created during the first PH-EU Joint Committee Meeting under the Philippines-EU PCA, which took place on January 28, 2020 in Brussels, Belgium. With the launch of this Sub-committee, a significant step has been made towards a fully-fledged implementation of the PCA.

Source: Business Mirror 29 April 2021
https://businessmirror.com.ph/2021/04/29/eu-phl-accord-to-focus-on-resilient-economy-justice/