President Benigno Aquino 3rd will leave for Indonesia on Sunday to join 20 other world leaders in the 21st Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting from October 7 to 8.
Foreign Affairs spokesman Raul Hernandez said that the President will meet his counterparts to “discuss issues of mutual concern, specifically to promote trade liberalization and facilitation, economic technical cooperation and people to people connectivity.”
”APEC is important to the Philippines because it is the premiere forum for facilitating economic growth, cooperation, trade and investment in the Asia-Pacific region,” he said.
As a member of the APEC, the Philippines is “working to sustain economic growth through a commitment to free and open trade, investment liberalization and facilitation, and economic reform.”
Upon his arrival in Bali, the President will attend the APEC CEO Summit, where he will be a panelist, together with Thailand Prime Minister Yingluck Shinawatra and Peru President Ollanta Humala, for the session on inclusive growth.
“The President will be sharing Philippine strategies, initiatives, and accomplishments on this particular area,” Hernandez said.
Aquino will also talk on Philippine initiatives on food security, infrastructure investment, Small Micro and Medium Enterprises (SMMEs), trade in services, skills and education, and women and the economy in a dialogue between leaders of APEC economies and members of the APEC Business Advisory Council (ABAC).
On the last day of the summit, the President will lead the discussion on “People to People Connectivity” wherein he will urge members “to intensify cooperation in cross-border education and skills training as a fundamental step in aligning human resource development with economic growth and resiliency.”
From October 9 to 10, Aquino will be participating in nine summits in Brunei where he joins fellow leaders of the Association of Southeast Asian (Asean) in its 23rd Summit.
According to Hernandez, the President will participate in the 23rd Asean Summit, 16th Asean-Japan Summit, 16th Asean-Republic of Korea Summit, 16th Asean-China Summit, 1st Asean-US Summit, 16th Asean-plus three Summit, 8th East Asia Summit, 11th Asean-India Summit, and the 5th Asean-UN Summit.
The 23rd Asean Summit, he said, will revolve on discussions on the Asean Community 2015 and beyond, Asean’s central role and external relations, and regional and international issues.
Hernandez said there are no plans for the Philippines to have a bilateral meeting with China.
Catherine S. Valente