President Marcos Jr. highlights importance of global interdependence for countries' stability and progress
President Ferdinand R. Marcos Jr. emphasized the crucial role of global interdependence in ensuring stability and development for countries amidst current geopolitical challenges. He discussed the impact of recent global developments on mutual reliance and the need for stronger interrelationships to sustain growth in regions and nations.
President Ferdinand R. Marcos Jr. emphasized the importance of global interdependence for countries' stability and development amid geopolitical challenges. He made these remarks during a meeting with the Philippines-Japan Economic Cooperation Committee (PHILJEC) and the 14th Asian Business Summit (ABS) delegates at Malacañan Palace in Manila. Marcos highlighted that recent global developments are challenging nations' mutual reliance, citing war and climate change as destabilizing forces. He also mentioned shifts in trade policies affecting interrelationships between countries like ASEAN, the Pacific region, and the EU.
Marcos acknowledged the lessons learned from the Covid-19 pandemic, emphasizing the need for dialogue on the global economy to sustain growth. He stressed the importance of developing interrelationships to ensure stability, progress, and development. The meeting took place as the Philippines prepares to host the 14th Asia Business Summit (ABS) this month.
PHILJEC, formerly known as the Philippine National Committee for Economic Cooperation with Japan, was established in 1973 to promote trade, economic, and technological advancements between the Philippines and Japan.
According to the source: Philippine News Agency.
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