Marcos: Stronger ASEAN, Korea cooperation needed to address 'tech gap'

Ferdinand Bongbong Marcos Jr. News

Marcos: Stronger ASEAN, Korea cooperation needed to address 'tech gap'
ASEAN 2024Asean-Korea Commemorative Summit
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VIENTIANE, Lao PDR — Amid the review on the free trade deal between the Association of Southeast Asian Nations and Korea, President Ferdinand "Bongbong" Marcos Jr. on Thursday said the two parties should enhance cooperation in critical areas to bridge technological gaps."On trade, as we review and upgrade the ASEAN-Korea Free Trade Agreement , we must focus on strengthening our trade relations to ensure mutual growth and prosperity," Marcos said during the ASEAN-Korea Summit.

Marcos said the proposed upgraded AKFTA should not only facilitate greater market access, but also "foster a more inclusive and dynamic economic partnership that will be to the benefit of all parties involved, including our micro, small, and medium enterprises, unlocking new opportunities for our businesses and our people."Innovation and entrepreneurship are crucial for long-term economic development, according to Marcos.

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ASEAN 2024 Asean-Korea Commemorative Summit

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