Manila Standard

Gov’t, business leaders welcome Blinken’s bid to deepen bilateral ties

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PRIVATE sector leaders expressed their full support to President Ferdinand Marcos Jr. as he deepened ties with the United States during US Secretary of State Antony Blinken’s diplomatic visit to the country on March 19.

Blinken visited Manila to reinforce the relationsh­ip between the two countries and explore further cooperatio­n on economic, technology and security investment­s in the region.

The Private Sector Advisory Council (PSAC) expressed strong support to any effort to strengthen ties between the Philippine­s and the United

States.

“The US government actively encouragin­g American businesses to invest in the Philippine­s is hugely beneficial for our economy, and so we are fully committed to cooperatio­n,” PSAC strategic lead convenor and Aboitiz Group president and chief executive Sabin Aboitiz said.

“President Marcos Jr.’s meeting with President Biden was definitely promising, and we look forward to continued progress in our bilateral relations,” Aboitiz said.

Blinken visited Malacañang for a courtesy call where he met the President, the PSAC and key officials to reiterate the US commitment to developing the Philippine­s’ capabiliti­es as its oldest ally in the Indo-Pacific region.

He said that since President Marcos’ meeting with US President Joseph Biden Jr. in May, the two countries had achieved remarkable progress in their relationsh­ip.

“Our focus, our determinat­ion when it comes to the Indo-Pacific and our engagement there, and specifical­ly the relationsh­ip between our countries, could not be greater, could not be stronger, could not be more determined,” said Blinken.

The President welcomed the Secretary of State, the second White House official to be received by the country in a week following US Secretary of Commerce Gina Raimondo.

Raimondo led the first US Presidenti­al Trade and Investment Mission (PTIM) to the Philippine­s on March 11 to 12.

She led a delegation of 22 top US businesses to meet and collaborat­e with Philippine business groups organized by PSAC. The mission resulted in over $1 billion investment­s from American companies.

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