TRADE Secretary Alfredo E. Pascual said the ongoing realignment of geopolitical forces makes the Philippines an “ideal pivot point” for international trade.
“The world is realigning, driven by trade tensions, regional aspirations, and a global trend toward decentralization. Amid this flux, countries and businesses seek stability and assurance, re-evaluating their dependencies and seeking diversification in their supply chains,” Pascual said, adding that here lies the “golden opportunity” for the Philippines.
He noted that apart from this, the country’s human resources are another “significant draw” given its young, educated, and English-speaking population. In fact, he emphasized that the Philippines’s “extensive” coastline offers vast potential for maritime trade, and its proximity to major Asian economies ensures reduced logistics time and costs.
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