PH, Sweden finalizing implementing arrangement for defense materiel procurement
Fri | February 16, 2024

Download PDF File     Hide PDF

Quezon City (February 16, 2024) – The Philippines and Sweden are conducting a series of meetings, the latest of which was held on January 17, 2024, to finalize the Implementing Arrangement (IA) concerning the Procurement of Defense Materiel and Equipment (IA-PDME). The IA-PDME is expected to be concluded and signed as one of the major outputs of the forthcoming inaugural Philippines-Sweden Joint Committee
Meeting to be held in March 2024 in Sweden.

The logistics cooperation is part of the commitment of the two countries under the Memorandum of Understanding (MOU) Concerning Cooperation in the Acquisition of Defense Materiel signed by the two countries in June 3, 2023, and ratified on September 4, 2023.

The Philippine side, consisting of representatives from the Department of National Defense (DND), Department of Finance, and Department of Foreign Affairs, and the Sweden side led by Swedish Ambassador to the Philippines Her Excellency Annika Thunborg, are working on the finalization of the IA-PDME. Currently, the DND is undertaking the necessary procedures for the conclusion of international executive agreements.

Sweden intends to participate in the implementation of projects under Horizon 3 of the Revised Armed Forces of the Philippines Modernization Program, specifically in the Multi-Role Fighter (MRF) Aircraft Acquisition Project of the Philippine Air Force.