President Ferdinand R. Marcos Jr. on Friday emphasized the importance of regional unity to help the Association of Southeast Asian Nations (ASEAN) address present challenges. Marcos, in his interve…
President Ferdinand R. Marcos Jr. on Friday emphasized the importance of regional unity to help the Association of Southeast Asian Nations address present challenges.
Marcos said Asean solidarity is vital, considering that the member-states are facing several pressing challenges, which include natural disasters, health emergencies, armed conflicts, and economic recessions. “Asean’s response to this is the forward-looking Asean Outlook on the Indo-Pacific, with its essential element of Asean Centrality in the implementation of Asean-led mechanisms, projects, and initiatives for our community building efforts,” he added.
As an economic power, Marcos cited the Asean’s establishment of free trade area with a combined gross domestic product and noted the Asean Development Outlook forecast that the regional bloc would surpass the European Union by 2030 to become the fourth largest economy in the world. Marcos likewise stressed the need to further boost the Asean’s digital cooperation to improve the region’s health care system, as well as to help micro, small and medium enterprises and other sectors.
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