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International CEOs and business leaders gather in Manila for the WEF Country Roundtable on the Philippines. (Photo courtesy of DOF)

Geneva, Switzerland – From the Swiss Alps of Davos-Klosters to the warm and sunny Manila, more than 60 international and Philippine Chief Executive Officers (CEOs) and business leaders gathered at the Malacañan Palace for the World Economic Forum (WEF) Country Roundtable on the Philippines on 18 to 19 March 2024 to chart the future direction of our country’s sustainable economic growth and development.

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WEF Country Roundtable on the Philippines held at the Malacañan Palace.

(Photo courtesy of DOF)

 

Under the theme Forging a Sustainable Future for the Philippines, the third edition of the Philippine-hosted roundtable hopes to build on the success of the WEF Annual Meetings 2023 and 2024 in strengthening international collaboration and public-private partnerships with a particular focus on renewable energy, digital economy, financial services, and infrastructure cooperation. This Philippine Roundtable, co-hosted by WEF President Mr. Børge Brende, maximized the opportunity to showcase the country as one of the top destinations for investment resulting to job creation and opportunities for the Filipino people in line with the Philippine Development Plan 2023-2028. President Brende emphasized that the continued economic reforms of the country, and the improvements in education and infrastructure will pave the way for the Philippines towards becoming a 2-trillion-dollar economy.

Together with his economic team led by DOF Secretary Ralph G. Rector, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go, Secretary Raphael P.M. Lotilla, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr., House Speaker Ferdinand Martin Romualdez and Maharlika Investment Fund CEO Mr. Raphael Jose Consing, Jr., a special dinner and networking event was organized on the first day of the Roundtable at the National Museum to provide opportunity for our local leaders and CEOs to forge partnerships with their international counterparts.

 

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A networking dinner and reception was co-hosted by DOF Secretary Ralph G. Recto and Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go, at the National Museum of the Philippines. (Photo courtesy of DOF and Office of the President)

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A strong Philippine presence at the WEF has been solidified by the participation of President Ferdinand R. Marcos in 2023 and House Speaker Ferdinand Martin Romualdez in 2024, in which the latter extended his personal invitation to the world’s top leaders and businessmen to participate in the Manila Roundtable.

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President Ferdinand Marcos, together with DOF Secretary Ralph G. Recto, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go, and Ambassador and Permanent Representative to WTO Manuel Teehankee, met with WEF President Mr. Børge Brende, Mr. Joo-ok Lee and Ms. Miranda Andruccioli at the Malacañan Palace. (Photo courtesy of DOF and Office of the President)

Last January, Speaker Romualdez led the Philippine delegation to the Davos WEF together with Department of Energy Secretary Raphael P.M. Lotilla, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr., and Maharlika Investment Fund CEO Mr. Raphael Jose Consing, Jr.

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From left to right: Ambassador and Permanent Representative to WTO Manuel A.J. Teehankee, Deputy Governor for Regional Operations and Advocacy Sector Ms. Bernadette R. Puyat, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr., House Speaker Ferdinand Martin G. Romualdez, Department of Energy Secretary Raphael P.M. Lotilla, WEF Global Shaper Mr. Dan Gigantone, and DOE Undersecretary and concurrent Chief-of-Staff Mr. Ronald Conquilla.

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The Philippine delegation to the WEF Annual Meeting together with international CEOs and business leaders at the Philippine-hosted Breakfast Interaction/Roundtable. House Speaker Romualdez and Maharlika CEO Mr. Consing during their remarks at the 2nd Roundtable held in January in Davos.

At the 2nd Roundtable held in January 2024 in Davos, Switzerland, House Speaker Romualdez and Maharlika Fund CEO Mr. Consing formally introduced the newly established Maharlika Investment Fund that will drive the country’s economic growth focusing on attracting investors in the areas of energy, agroforestry industrial urbanism, infrastructure development, mineral processing and aviation.

The third Roundtable is part of the three-phase WEF strategy of the Philippines of building stronger partnerships with private sectors towards achieving an inclusive economic growth in support of the 10-point economic agenda of President Marcos.

END.

 

 

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Department of Trade and Industry Secretary Alfredo E. Pascual (left) and Department of Agriculture Secretary Francisco P. Tiu Laurel Jr. (right) successfully presented to WTO Director-General Ngozi Okonjo-Iweala (center) the Philippines’ Instrument of Ratification to the Protocol Amending the Marrakesh Agreement Establishing the WTO Agreement on Fisheries Subsidies on 27 February 2024 at the sidelines of the 13th Ministerial Conference in Abu Dhabi, United Arab Emirates. (Photo credits: WTO Secretariat)

 

 

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Ambassador and Permanent Representative to WTO Manuel A.J. Teehankee deposited the original Instrument of Acceptance on 26 March 2024 at the Office of WTO Director-General Okonjo-Iweala at the WTO Headquarters in Geneva, Switzerland.

(Photo credits: Philippines Mission to WTO)

The Permanent Mission of the Philippines to the World Trade Organization (WTO celebrated International Women’s Day (IWD) on 08 March 2024 by a dedicated discussion with the WTO senior gender expert on the gender-trade nexus.

Titled “Leaving No Woman Behind: Making Trade Rules and Policies Truly Gender-Responsive,” the discussion led by Ms. Anoush der Boghossian, Head of the WTO Gender and Trade Office, acknowledged that women should be at the center of trade strategies for economies to create equal opportunities and achieve women’s economic empowerment.

Ms. der Boghossian emphasized the importance of the following strategies that governments should focus on: creating opportunities for women to enter the workforce, addressing working conditions through trade policy, and addressing obstacles faced by women entrepreneurs and female farmers to access global markets.  She stressed agriculture policies should also be enhanced through capacity building projects for women farmers, input subsidies for female farmers, green box subsidies, and intergovernmental collaboration when designing policies in agriculture.

In his welcome remarks, Ambassador Teehankee said the International Women’s Day (IWD) serves as a “poignant reminder of the progress made and the challenges that persist,” encouraging personnel to support gender-inclusive policies and initiatives, create a more supportive environment for women in the trade sector, and implement the Abu Dhabi Declaration, particularly elements on inclusion related to women’s economic empowerment and MSME cooperation, which was adopted at the 13th WTO Ministerial Conference held in Abu Dhabi on 26 February to 01 March 2024.  He expressed gratitude to the Philippine government’s efforts in promoting women’s participation in trade-related activities, advocating policies that ensure equal opportunities, and enhancing the visibility of women's contributions in the international trade arena.

“Our work not only empowers women but also strengthens the fabric of our societies by harnessing the full potential of every individual,” Ambassador Teehankee stressed.  “As we celebrate IWD, we reaffirm our commitment to gender equality, recognize the invaluable contributions of women in shaping the global trade landscape. May the Philippines’ continued success in this area inspire positive change and serve as a beacon for others to follow.”

For his part, Mission GAD focal person First Secretary Oliver Delfin said IWD is not just about celebrations but making sure gender-trade issues are discussed, understood and addressed.  The Philippine Mission and WTO Secretariat agreed to explore areas of collaboration on stakeholder engagement, including by including women’s business association and organization in future activities of the WTO’s Informal Working Group on Trade and Gender. END

 

The Permanent Mission of the Philippines to the World Trade Organization (WTO celebrated International Women’s Day (IWD) on 08 March 2024 by a dedicated discussion with the WTO senior gender expert on the gender-trade nexus.

Titled “Leaving No Woman Behind: Making Trade Rules and Policies Truly Gender-Responsive,” the discussion led by Ms. Anoush der Boghossian, Head of the WTO Gender and Trade Office, acknowledged that women should be at the center of trade strategies for economies to create equal opportunities and achieve women’s economic empowerment.

Ms. der Boghossian emphasized the importance of the following strategies that governments should focus on: creating opportunities for women to enter the workforce, addressing working conditions through trade policy, and addressing obstacles faced by women entrepreneurs and female farmers to access global markets.  She stressed agriculture policies should also be enhanced through capacity building projects for women farmers, input subsidies for female farmers, green box subsidies, and intergovernmental collaboration when designing policies in agriculture.

In his welcome remarks, Ambassador Teehankee said the International Women’s Day (IWD) serves as a “poignant reminder of the progress made and the challenges that persist,” encouraging personnel to support gender-inclusive policies and initiatives, create a more supportive environment for women in the trade sector, and implement the Abu Dhabi Declaration, particularly elements on inclusion related to women’s economic empowerment and MSME cooperation, which was adopted at the 13th WTO Ministerial Conference held in Abu Dhabi on 26 February to 01 March 2024.  He expressed gratitude to the Philippine government’s efforts in promoting women’s participation in trade-related activities, advocating policies that ensure equal opportunities, and enhancing the visibility of women's contributions in the international trade arena.

“Our work not only empowers women but also strengthens the fabric of our societies by harnessing the full potential of every individual,” Ambassador Teehankee stressed.  “As we celebrate IWD, we reaffirm our commitment to gender equality, recognize the invaluable contributions of women in shaping the global trade landscape. May the Philippines’ continued success in this area inspire positive change and serve as a beacon for others to follow.”

For his part, Mission GAD focal person First Secretary Oliver Delfin said IWD is not just about celebrations but making sure gender-trade issues are discussed, understood and addressed.  The Philippine Mission and WTO Secretariat agreed to explore areas of collaboration on stakeholder engagement, including by including women’s business association and organization in future activities of the WTO’s Informal Working Group on Trade and Gender. END

The Permanent Mission of the Philippines to the World Trade Organization (WTO celebrated International Women’s Day (IWD) on 08 March 2024 by a dedicated discussion with the WTO senior gender expert on the gender-trade nexus.

Titled “Leaving No Woman Behind: Making Trade Rules and Policies Truly Gender-Responsive,” the discussion led by Ms. Anoush der Boghossian, Head of the WTO Gender and Trade Office, acknowledged that women should be at the center of trade strategies for economies to create equal opportunities and achieve women’s economic empowerment.

Ms. der Boghossian emphasized the importance of the following strategies that governments should focus on: creating opportunities for women to enter the workforce, addressing working conditions through trade policy, and addressing obstacles faced by women entrepreneurs and female farmers to access global markets.  She stressed agriculture policies should also be enhanced through capacity building projects for women farmers, input subsidies for female farmers, green box subsidies, and intergovernmental collaboration when designing policies in agriculture.

In his welcome remarks, Ambassador Teehankee said the International Women’s Day (IWD) serves as a “poignant reminder of the progress made and the challenges that persist,” encouraging personnel to support gender-inclusive policies and initiatives, create a more supportive environment for women in the trade sector, and implement the Abu Dhabi Declaration, particularly elements on inclusion related to women’s economic empowerment and MSME cooperation, which was adopted at the 13th WTO Ministerial Conference held in Abu Dhabi on 26 February to 01 March 2024.  He expressed gratitude to the Philippine government’s efforts in promoting women’s participation in trade-related activities, advocating policies that ensure equal opportunities, and enhancing the visibility of women's contributions in the international trade arena.

“Our work not only empowers women but also strengthens the fabric of our societies by harnessing the full potential of every individual,” Ambassador Teehankee stressed.  “As we celebrate IWD, we reaffirm our commitment to gender equality, recognize the invaluable contributions of women in shaping the global trade landscape. May the Philippines’ continued success in this area inspire positive change and serve as a beacon for others to follow.”

For his part, Mission GAD focal person First Secretary Oliver Delfin said IWD is not just about celebrations but making sure gender-trade issues are discussed, understood and addressed.  The Philippine Mission and WTO Secretariat agreed to explore areas of collaboration on stakeholder engagement, including by including women’s business association and organization in future activities of the WTO’s Informal Working Group on Trade and Gender. END