ASEAN integration key to poverty alleviation: DTI

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. (Priam Nepomuceno, with Ferdinand G. Patinio/ PNA)

Popular

PBBM leads inauguration of CALAX segment linking Cavite and Laguna

By Dean Aubrey Caratiquet With the promise of enhancing connectivity where it truly matters, the government continues to double down on opening roadways that link...

PBBM orders prompt interventions amid Mayon unrest

By Dean Aubrey Caratiquet After 52 villages in Camalig and Guinobatan towns, as well as Ligao City, were affected by heavy ashfall during a recent...

PAGASA: Dangerous heat index expected over 15 locales

By Dean Aubrey Caratiquet It's that time of year again when Filipinos have to deal with sweltering heat in the next few months, as summer...

Palace: ADB report reflects PBBM’s orders to act fast vs. oil shock

By Ruth Abbey Gita-Carlos | Philippine News Agency Malacañang said Saturday the government’s swift and wide-ranging response to the global oil shock reflects President Ferdinand...