Philippines–Sweden relations
Bilateral relations
From Wikipedia, the free encyclopedia
Philippines–Sweden relations refers to the bilateral relations between the Philippines and Sweden.
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Diplomatic missions
Diplomatic relations between Sweden and the Philippines were established in 1947.[1] Sweden and the Philippines are both represented by a resident embassy.
However, both embassies were closed for a certain period. Sweden closed its embassy in Manila in 2008, but it was reopened in 2016.[2][3] The Philippines, on its part, closed its embassy in Stockholm in 2012 due to economic restraints, but reopened it in 2020.[4] During this period, the Philippines was represented by a non-resident ambassador in Oslo, Norway.[5]
The Philippines has an ambassador in Stockholm.[4]
Economic relations
In 2016, 70 delegates from 28 Swedish firms arrived in Manila to look for investments in the country. Among them were home appliance manufacturer Electrolux, Volvo, H&M and tobacco manufacturer Swedish Match. Sweden was ranked as the Philippines' 43rd largest trading partner, with the total amount of bilateral trade reaching more than US$143.40 million.[6][3][7] In 2021, the Swedish multinational conglomerate IKEA opened its largest store in Manila.[8]
Agreements
In 2015, the two countries signed a social security agreement which coordinates the general Swedish and Philippine systems for old-age, survivors’ and disability pensions.[9]
Migration to Sweden
There are more than 13,000 Filipinos in Sweden most of them are overseas workers.[10]
