THE INCREDIBLE BILATERAL TRADE RELATIONSHIP BETWEEN THE PHILIPPINES AND THE UNITED STATES OF AMERICA – STATISTICAL REPORT
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LEVEL OF UNDERSTANDING BETWEEN THE TWO NATIONS The Philippines and the United States share a very strong bond with each other. Both nations are connected on various grounds such as historical, economic, and cultural. It has also been known that these countries share similar democratic values and the rules and regulations prevailing in both nations are similar and strongly followed. The US assists the Philippines in defense the most by making arms and ammunition available for it. As far as trade relations are concerned, then according to the Philippines Trade Data of the year 2021, the US was the biggest export partner of the Philippines. Various projects are in pipeline which are to be undertaken by both nations together in the near future and they are working closely together. Some of the upcoming projects are based on clean energy, climate crisis, promotion of growth and innovation, and health resources. Indeed, both countries are best friends and are working for the bettermen