Paraguay President Santiago Peña Palacios (Photo courtesy of Santiago Peña Facebook Page)
Malacañang announced that Paraguay President Santiago Peña Palacios will visit the Philippines on May 11.
President Marcos will welcome Peña who will be undertaking an official visit to the country.
According to Malacañang, Peña will be accorded official honors at Malacañang Palace, where he and Marcos will hold a bilateral meeting to discuss avenues for enhanced cooperation and mutual development.
"The visit marks a significant milestone in the deepening of Philippines-Paraguay bilateral relations as it will be the first presidential visit between the two countries, building on a history of constructive engagement and high-level exchanges over the past six decades of diplomatic ties," the Presidential Communications Office (PCO) said in a statement on Tuesday, May 5.
Both leaders seek to expand cooperation across a range of sectors, including trade and investment, and agriculture, PCO added.
Paraguay is an emerging partner of the Philippines in Latin America, and both countries share common values rooted in democracy, the rule of law, and a commitment to international cooperation.
Malacañang also said that the official visit underscores the continued efforts of the Philippines to broaden its engagement with its Latin American partners and to diversify its economic partnerships.
The Philippines and Paraguay established formal diplomatic relations in December 1962.