November 18, 2022
President Ferdinand R. Marcos Jr. joined his fellow Economic Leaders in the Asia-Pacific region for an Informal Dialogue with guests and the business sector as the 29th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM) continued at the Queen Sirikit National Convention Center in Bangkok, Thailand.
In his intervention, the President raised several points on economic resilience, pandemic recovery and digitalization, noting that governments are “responsible for providing their people with the necessary support for recovery, growth and development”.
He expressed support for Micro, Small and Medium Enterprises (MSMEs) and asserted that every APEC Member Economy should prioritize these especially with the rise of digitalization.
“By ensuring that our MSMEs participate in global supply chains, we will have diversified competitiveness of our economies,” President Marcos Jr. remarked.
Moreover, the Chief Executive underscored the importance of addressing the impact of climate change on supply chain resilience and the essential role of the maritime industry in ensuring the robust global supply chains and post-pandemic recovery, where he pushed for further discussions and cooperation to ensure economies are capacitated to address challenges in these areas.
This year’s 29th AELM has invited His Royal Highness Mohammed bin Salman Al Saud, Crown Prince and Prime Minister of Saudi Arabia, and President Emmanuel Macron of France to discuss ways of promoting sustainable trade and investment amid the ongoing economic challenges in the Asia-Pacific region.
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