Marcos: ASEAN poised to grow on mutual trade

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ASEAN PRESENCE. President Ferdinand Marcos Jr. (left) joins hands with the other leaders of the Association of Southeast Asian Nations

Jakarta — President Ferdinand Marcos Jr. on Tuesday hailed the economic growth of the Association of the Southeast Asian Nations, citing the steady rise of intra-ASEAN trade and foreign direct investment inflows.

He said that to build stronger mutual trade between the ASEAN members, a rules-based multilateral trading system must be open, free, and fair. At the same time, the President said the ongoing impact of climate change is the biggest hurdle to the progress of ASEAN. Marcos called on his fellow leaders to further boost “ASEAN Centrality” and peace, security, stability, and prosperity in the region to fortify the foundations of the bloc’s community-building and lead it towards a new chapter.

Last week, the Department of Foreign Affairs said more than 90 documents are targeted to be issued, adopted, or noted during the summit.* ASEAN leaders’ declaration on strengthening food security and nutrition in response to crisis;

 

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