PRRD: Asean can be Apec’s ‘pathfinder’ for success

PRESIDENT Rodrigo Duterte, who chairs the Association of Southeast Asian Nations (Asean) this year, has expressed confidence that the regional bloc can serve as “pathfinder” for Asia-Pacific Economic Region’s (Apec) further progress.

During the Apec informal dialogue with Southeast Asian leaders, Duterte touted that the 10-man regional alliance had paved the way for Apec’s “eventual” success in pivoting on trade liberalization.

He, thus, believed that Asean can help promote Apec’s objective to ramp up its drive to spur economic growth within the region.

“Collaborating with Apec on common areas of interest, Asean can potentially play the role of a regional pathfinder for Apec’s initiatives,” Duterte said.

“Asean can also serve as Apec’s institutional memory and provide consistency to Apec’s role as an incubator of ideas and driver of regional economic growth and integration,” he added.

Duterte likewise said that Asean can be a “hub” for Asia-Pacific region in relevant areas, which include digital and maritime connectivity; efficient logistics; disaster preparedness and management; technology; micro, small, and medium enterprises; and inclusive growth.