Connect with us

News

ASEAN integration key to poverty alleviation: DTI

Published

on

Despite the Philippine government's plans to stop receiving aid from the European Union (EU), Trade Secretary Ramon Lopez said the engagement between the two parties should continue, particularly in boosting trade. (Photo: ALBERT ALCAIN/PPD)

FILE: DTI Secretary Ramon M. Lopez (Photo: ALBERT ALCAIN/PPD)

MANILA — Regional economic integration will greatly contribute to poverty alleviation.

This was stressed by Department of Trade and Industry (DTI) Secretary Ramon M. Lopez during the 15th ASEAN Economic Community (AEC) Council Meeting at the Manila Marriott Hotel, Pasay City Sunday.

“The theme Inclusive, ‘Innovation-led Growth’ acknowledges the socio-economic dimension of regional economic integration and its contribution to poverty alleviation,” he added.

Lopez said this priority urges ASEAN members to strengthen its commitment for more inclusive participation in the process of community-building where all nations are partners making significant contributions.

“This will likewise ensure that the gains presented by economic integration are fully realized and shared by everyone in the region,” he added.

“I remember our President Duterte also highlighting this point at the recently-concluded APEC wherein for us, the leaders, the way globalization should work is that everyone should emerge as winners, and that globalization should not produce winners and losers but everyone as winners,” the DTI chief concluded. (with Ferdinand G. Patinio/ PNA)

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

News44 seconds ago

Expectations high on revitalized PH-US ties

HONOLULU, Hawaii – Filipinos in Hawaii are hoping the improved Philippines-United States relations will translate into more economic engagements — a...

Tesla Tesla
Business and Economy17 hours ago

Since Tesla recalled its vehicles in 2023, there have been 20 accidents and investigators are asking why

Tesla is yet again undergoing scrutiny from federal regulators in the United States. The issue at hand now is whether...

man using laptop man using laptop
Canada News18 hours ago

Fractured futures: Upward mobility for immigrants is a myth as their health declines

Immigrant health research frequently refers to the notion that immigrants are generally healthier than people born in Canada but that...

students at university students at university
Canada News18 hours ago

Setting the record straight on refugee claims by international students

The Canadian government placed a cap on the number of study permits granted to international students earlier this year. The...

Environment & Nature18 hours ago

The scaling back of Saudi Arabia’s proposed urban mega-project sends a clear warning to other would-be utopias

There is a long history of planned city building by both governments and the private sector from Brasilia to Islamabad....

man wearing red polo man wearing red polo
Health18 hours ago

Can an organ transplant really change someone’s personality?

Changes in personality following a heart transplant have been noted pretty much ever since transplants began. In one case, a...

plastic bottles plastic bottles
Environment & Nature18 hours ago

Plastic is climate change in a bottle – so let’s put a cap on it

Plastic pollution and climate change have common culprits – and similar solutions. The penultimate round of negotiations for a global...

News18 hours ago

Four major threats to press freedom in the UK

Just five years ago, the UK took the bold step of setting up a Media Freedom Coalition of 50 countries...

President Joe Biden President Joe Biden
News18 hours ago

New Delhi rejects US president’s remarks that India is ‘xenophobic’

NEW DELHI – India on Saturday dismissed recent remarks by US President Joe Biden, who called India and other Asian nations...

United Nations United Nations
News18 hours ago

UN demands better protection of environmental journalists

NEW YORK – Marking the World Press Freedom Day on Friday, UN Secretary-General António Guterres highlighted an uptick in violence against...

WordPress Ads