Trade Secretary Alfredo E. Pascual has proposed to Asean leaders the establishment of the Asean Creative Economy Working Group (ACEWG) to provide and bolster strategies for “capacity building” in the region. Know more:
Trade Secretary Alfredo E. Pascual has proposed to Asean leaders the establishment of the Asean Creative Economy Working Group to provide and bolster strategies for “capacity building” in the region.
“We in the Philippines intend to make this effort of developing the creative economy a whole-of-Asean initiative,” Pascual said. In response to Pascual’s call for support among Asean leaders, the Department of Trade and Industry said the Asean Business Advisory Council “readily expressed support” for the proposal and noted that it would establish a private sector-led counterpart of the Working Group.
Aside from the creative industry, the Philippine trade chief said Asean should leverage its “niches.” “It is imperative that we keep an open mind on the inclusion of elements or chapters that would meaningfully contribute to the region’s deeper economic integration and stability amidst future challenges or crises,” Pascual said.
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