President Rodrigo Roa Duterte, along with the leaders from the Association of Southeast Asian Nations (ASEAN) member states and South Korean President Moon Jae-in do the traditional ASEAN handshake as they pose for a photo prior to the start of 20th ASEAN-Republic of Korea Summit at the Philippine International Convention Center in Pasay City on November 13, 2017. ACE MORANDANTE/PRESIDENTIAL PHOTO
MANILA, Philippines – The Association of Southeast Asian Nations (ASEAN) leaders as well as its partner countries – China, Japan and South Korea, have agreed to cooperate and unite to further improve their respective economies.
This is amid the rise of protectionism in other countries. The countries espousing a protectionist agenda prevent the entry of international trade or competition from foreign companies to protect local businesses.
The three biggest trading partners of ASEAN have expressed positive outlook in advancing the southeast Asian economic community.
“I hope that through this Summit we can build a consensus and send a positive signal that regional integration and advancing the East Asia economic community serves to benefit the people and the countries in the region,” Chinese Premier Li Keqiang said.
Prime Minister Shinzo Abe reiterated the importance of financial cooperation in the region saying, “In the midst of concerns about the rise of protectionism and inward-looking orientation in the world, in order to enhance predictability of the economies of the region, to mitigate vulnerabilities, and to maintain and strengthen the free trade system, the significance of financial cooperation between the ASEAN Plus Three becomes increasingly greater.”
South Korean President Moon Jae-in also called for the establishment of a regional community saying, “Let us create a vision for the East Asian community of peace, prosperity and progress that has overcome the complex challenges including protectionist and self-centered approaches to globalization, aging and climate change,”
Singaporean Prime Minister Lee Hsien Loong also noted during the session the importance of pushing for economic integration.
As the next ASEAN chairman, the prime minister vowed to further strengthen the cooperation and dialogue of Southeast Asian countries with its three Asian partner countries. – Nel Maribojoc | UNTV News & Rescue
Singapore to promote “smart cities” in 32nd ASEAN Summit
Singapore Prime Minister Lee Hsien Loong
SINGAPORE – Regional leaders will gather beginning tomorrow until April 28 for the 32nd Association of Southeast Asian Nation (ASEAN) Summit chaired this year by Singapore .
The nine other heads of member states, including Philippine President Rodrigo Duterte, are expected to arrive today for the three-day Summit.
As this year’s chairman, Singapore Prime Minister Lee Hsien Loong is keen on promoting the network of “smart cities” across ASEAN and also to boost cyber security in the region on which all members are expected to agree.
Tomorrow, April 26, representatives of the 10 member states will gather for the 16th ASEAN Economic Community Council Meeting to be led by Singapore Minister for Trade and Industry Lim Hng Kiang.
Meanwhile, Philippine Ambassador to Singapore Joseph Del Mar Yap is proud of the strong relationship between the Philippines and Singapore, the latter being the former’s biggest trading partner among other regional members.
“Singapore is actually the biggest source of investment for the Philippines in terms of the ASEAN region so we receive the most amount of investment from them and most of these investments are in fact done through joint ventures,” Ambassador Del Mar said.
Del Mar added that the joint venture between the Philippines and Singaporean companies is “a result of working closely together” as both sides are learning from each other in terms of trade and business.
In line with the Summit, Singapore’s Ministry of Home Affairs has declared the Summit venues “The Istana” and the Shangri-La Hotel as “special zones” where enhanced security measures are being imposed, as stated under Public Order Act.
The Istana estate is the official residence of the President of Singapore and also the working office of the Prime Minister. – Maila Guevarra/Marje Pelayo | UNTV News & Rescue
SoKor says NoKor expresses commitment to ‘complete denuclearization’
FILE PHOTOS: (Left-Right) North Korean leader Kim Jong Un and South Korean President Moon Jae-in (REUTERS)
North Korean leader Kim Jong Un and South Korean President Moon Jae-in will sit down at the border “truce village” of Panmunjom to discuss a range of issues, including Pyongyang’s nuclear weapons program.
Days before the upcoming summit, South Korea’s President Moon Jae-in said the North has expressed its commitment to “complete denuclearization” of the Korean peninsula and is not seeking conditions.
Moon also explained that the North has not attached any conditions that the US cannot accept, like the withdrawal of American troops from South Korea.
“Now, North Korea is expressing a will to seek a complete denuclearisation to the international society. Also, they are showing us a will to have dialogues,” said the South Korean president.
North Korea has defended its nuclear and missile programmes, which it pursues in defiance of UN Security Council resolutions, as a necessary deterrent against perceived US hostility.
The United States stations 28,500 troops in South Korea, a legacy of the 1950-53 Korean war.
North Korea has said over the years that it could consider giving up its nuclear arsenal if the United States will its troops from South Korea and withdrew its so-called nuclear umbrella of deterrence from South Korea and Japan.
However, in the latest development, Moon revealed that Pyongyang has expressed willingness to drop its demand that the United States withdraw troops stationed in the South in exchange for denuclearization.
This comes after President Donald Trump announced he is willing to leave the meeting with Kim if it falls short of his expectations. -Reuters
Duterte to attend 32nd ASEAN Summit in Singapore
President Rodrigo Roa Duterte, in his speech during the Philippine National Police (PNP) Change of Command Ceremony at Camp BGen. Rafael Crame in Quezon City on April 19, 2018, reassures the entire police force that his administration will continue to enhance their capabilities, modernize their equipment, promote their welfare and take care of their families. ACE MORANDANTE/PRESIDENTIAL PHOTO
President Rodrigo Duterte is set to attend the 32nd Association of Southeast Asian Nations (ASEAN) Summit in Singapore next week.
Singapore is this year’s ASEAN chair led by Prime Minister Lee Hsien Loong.
The event, which will be held from April 25 -28, will bring together leaders of the ASEAN member states to discuss various regional and international issues. — UNTV News & Rescue