President Ferdinand Marcos Jr.'s two-day trip to Washington, DC has had a significant impact on promoting a peaceful and rules-based Indo-Pacific region. The tripartite meeting with President Biden and Japan Prime Minister Fumio Kishida marks the beginning of concerted efforts to address complex challenges and uphold the international order.
The two-day trip of President Ferdinand Marcos Jr. to Washington, DC was well worth it because of its historic impact in advancing efforts to promote a peaceful, open, stable and rules-based Indo-Pacific region that can help empower nations to economically grow and flourish.
While the meeting may just be “a beginning,” it is one that “looks ahead” – as the partners seek to “identify ways of growing” their respective economies and making them more resilient, climate proofing cities and societies, sustaining development progress and forging a peaceful world for the next generation, the President said.
One of the key takeaways during the summit was the Luzon economic corridor that would support connectivity between Subic Bay, Clark, Manila and Batangas, with the three nations committed to accelerating coordinated investments in high impact infrastructure projects that include rail, ports modernization, clean energy and semiconductor supply chains and deployments, agribusiness and civilian port upgrades at Subic Bay.
At a press briefing we conducted in the Philippine embassy in Washington, we mentioned that in the next five to 10 years, we are looking at an estimated $100 billion in investments from Japan and the United States, with the administration’s economic managers working hard to open up areas for potential investments such as energy, which is of course very important in sustaining growth and development, not to mention the fact that energy security is a priority of the government, obviously because...
Looking out my window from the Philippine embassy in Washington, DC, spring is now upon us but it’s cloudy. Nonetheless, the future looks bright for the Philippines because as they say – for every cloud, there is always a silver lining, and the very successful tripartite meeting is one such silver lining. I’m confident that during President Marcos’ term, the Philippines will emerge as a stronger and more prosperous nation.
President Ferdinand Marcos Jr. Washington DC Indo-Pacific Region Tripartite Meeting President Biden Japan Prime Minister Fumio Kishida International Order
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