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Repatriation is the return of a thing or person to its or their country of origin, respectively. The term may refer to non-human entities, such as converting a foreign currency into the currency of one's own country, as well as the return of military personnel to their place of origin following a war .
Third, legal processes must usually be initiated in the requested country in order to confiscate the assets. Following this, requested authorities must repatriate the assets back to the requesting country. Each of the necessary steps—tracing, freezing, confiscation and repatriation—presents its own unique challenges. [7]
On the other side of the globe, however, oil-exporting countries were making large profits and this created a demand for more laborers to support their new projects. Marcos saw this as a chance to utilize the Philippines’ surplus labor and he created a foreign policy called "Development Diplomacy," which focused on exporting such surplus labor.
As early as February 2020, the Philippine government has taken measures to evacuate its citizens during the COVID-19 pandemic. This includes the repatriation of overseas Filipinos from various countries and international conveyances affected by the pandemic and domestic evacuation of locally stranded individuals, which were conducted by the national and local governments.
The Philippine national government has repatriated citizens from various COVID-19 affected countries and cruise ships. As of April 13, at least 13,000 Overseas Filipino Workers have been repatriated according to the DFA. [56] Philippine Airlines, the country's flag carrier, has volunteered several repatriation flights as early as March. [57]
A current account surplus increases a nation's net foreign assets by the amount of the surplus, and a current account deficit decreases it by that amount. A country's balance of trade is the net or difference between the country's exports of goods and services and its imports of goods and services, excluding all financial transfers, investments ...
The Filipino Repatriation Act provided free one-way transportation for single adults. Such grants were supplemented in some instances by private funds, such as from the California Emergency Relief Association, that paid passage for Filipino children who had been born in the United States so that they could return with their parents.
The Philippine national government has repatriated citizens from various COVID-19 affected countries and cruise ships. As of April 13, at least 13,000 overseas Filipino workers have been repatriated according to the DFA. [60] Philippine Airlines, the country's flag carrier, has volunteered several repatriation flights as early as March. [61]