15 July 2015. Representatives of the Philippine Department of Foreign Affairs and the Singapore Ministry of Foreign Affairs held the 3rd Informal Consultations on the Philippine-Singapore Action Plan (3rd IC-PSAP) in Singapore.
The Philippine delegation was headed by DFA Assistant Secretary for Asia Pacific Affairs Minda Calaguian-Cruz. She was joined by officials from the DFA home office, Philippine Embassy and attached agencies in Singapore.
Singapore MFA Deputy Secretary Peter Tan led the host Singapore delegation. He was joined by MFA officials as well as representatives from International Enterprise Singapore and the Ministry of Manpower.
During the informal consultations, the delegations undertook stock taking of recent developments in Philippine-Singapore bilateral relations. They identified ways to further enhance cooperation at the political level and in the areas of trade, investments, tourism, labor, employment, defense, education and culture.
The delegations also exchanged views on regional and international developments.
The 3rd IC-PSAP came in the wake of expanding relations between the Philippines and Singapore over the last two years highlighted by the State Visit of President Tony Tan Keng Yam to the Philippines in April 2014 and the working visit of President Benigno S. Aquino III to Singapore to speak at “The World in 2015 Gala Dinner” of The Economist in November 2014.
Singapore hosted the 3rd IC-PSAP following the Philippine’s own hosting of the event in July 2014.
Singapore remains one of the Philippines most significant economic partners in ASEAN. It was the Philippines’ 4th largest trading partner in 2014, with total trade valued at US$ 8.974 billion. It was also the Philippines’ 5th largest export market (valued at US$4.45 billion), and the 5th source of imports (valued at US$4.52 billion) in 2014. Singapore was the Philippines’ 6th largest source of approved investments as of October 2013, with some US$100 million in primarily in manufacturing, services and construction.
At the sidelines of the 3rd IC-PSAP, Assistant Secretary Minda Calaguian-Cruz called on Minister Masagos Zulkifli, Minister in the Singapore Prime Minister’s Office, concurrent as Second Minister, Ministry of Home Affairs & Ministry of Foreign Affairs.
She also paid a courtesy call on Prof. Tommy Koh, Ambassador-at-Large, Ministry of Foreign Affairs.