Enhancing Philippines-Peru Bilateral Relations: Key Development Priorities and Prospects for Strengthening Diplomatic Ties

On 17 November 2023, Philippine President Ferdinand R. Marcos Jr. and Peruvian President Dina Boluarte held a bilateral meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Economic Meeting in San Francisco. Both leaders expressed a strong interest in enhancing Philippines-Peru ties as they marked 50 years of formal diplomatic relations, established on 30 November 1974 (Presidential Communications Office, 2023). Over the decades, Philippines-Peru bilateral relations have flourished evidenced by trade and multiple agreements and memorandums of understanding (MOUs) covering cultural, scientific, and administrative areas.In pursuing strengthened economic, political, and cultural ties between the two nations, this paper identified development priority alignments between the Philippines and Peru and provided actionable recommendations on bilateral cooperation in climate change, labor formalization, digitalization and MSMEs.