National Day of Italy
National Day of Italy is celebrated on June 2 each year. It marks the establishment of the Italian Republic on June 2, 1946, by a popular referendum in which the people chose between a republic and a monarchy.
The Philippines has had good cultural and economic ties with Italy. Diplomatic relations between the Philippines and Italy were established on July 9, 1947. On the same day, a Treaty of Friendship and General Relations was signed in Rome.
The treaty was ratified in 1948. The RP-Italy Business Council has been promoting trade and investment flow between the two countries. Agreements on investments, labor, and maritime affairs have been concluded, setting in motion intensified bilateral cooperation.
Among the notable agreements between Italy and the Philippines are: a memorandum of understanding for cooperation in the field of defense; an agreement against the double taxation; an agreement for cultural and scientific cooperation; and a memorandum for understanding for a soft loan on the Agrarian Reform Community Development Support Project in the Autonomous Region of Muslim Mindanao (ARMM).
Italy plays a prominent role in European and global military, cultural, and diplomatic affairs. …