Thursday, May 7, 2026

PH reaffirms commitment to stronger ASEAN economic cooperation in meeting with Singapore Deputy Prime Minister Gan Kim Yong

The Philippines reaffirmed its strong commitment to deepening regional economic cooperation during a bilateral meeting with Singapore Deputy Prime Minister and Minister of Trade and Industry H.E. Gan Kim Yong, underscoring the importance of collective action in advancing ASEAN’s shared economic priorities.

The discussions focused on strengthening regional collaboration in key areas, including the advancement of ASEAN’s digital economy agenda, enhanced trade integration, and the promotion of initiatives that support sustainable and inclusive economic growth across the region.

Both sides emphasized the critical role of digital transformation in driving ASEAN’s long-term competitiveness and resilience. The meeting highlighted the need for closer cooperation among ASEAN Member States to accelerate digital connectivity, foster innovation, and create an enabling environment for businesses and emerging industries.

The Philippines also underscored the importance of reinforcing regional trade frameworks and maintaining open, rules-based economic engagement to ensure continued growth and stability amid evolving global economic challenges.

The engagement reflected the shared commitment of the Philippines and Singapore to support ASEAN’s vision of a more integrated, innovative, and future-ready regional economy. Both parties recognized that sustained collaboration and strategic partnerships among ASEAN Member States remain essential in strengthening the region’s resilience and securing long-term prosperity for its peoples.

The Philippines expressed appreciation for Singapore’s continued partnership and leadership in advancing regional economic initiatives and reaffirmed its readiness to work closely with ASEAN partners in pursuing common goals for growth, innovation, and regional integration.

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