The European Union and the Philippines concluded a free trade agreement on 22 September 2026, with European Commission President Ursula von der Leyen confirming the deal following a call with Philippine President Ferdinand Marcos Jr. The announcement, made simultaneously in Brussels and New York, marks the culmination of long-running negotiations between the two sides. The agreement is expected to open significant new market access for both economies, deepening ties between the EU and one of Southeast Asia's largest nations.