OPINION | The Philippines and the European Union: Embarking on the same journey By Victor Andres C. Manhit READ:
er the imposition of the first lockdowns, and as we try to recover from this crisis, wend that the traditional ways in which we did business and understood business growth models have changed drastically. So, if we are to recover fast and achieve sustainable development, we need to make our economy more resilient to future shocks and other uncertainties.
Our friends from the European Union recently gave us some encouraging words that the Philippine economy could achieve this feat — that in fact, we have made steps in the right direction, and that we only need to continue making the right policy decisions in order to accelerate what we have begun. “Beyond legislation and beyond economic agreements, global challenges can only be addressed through international cooperation — we have to embark on the same journey. This is the only way to achieve sustainable transformation of our economies and create a better life for us and future generations,” he said.
He spoke with candor as he said our trade and performance has been steady — “generally improving but far from spectacular. And spectacular is where you want to get to.”
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