Sunday, March 23, 2014

Asia's Resurgence and America's Role 2014 APCAC Spring Summit, March 19-21, 2014 - New World Hotel


In the APCAC 2014 Summit, a yearly conference attended by executives worldwide tackling various business and economic  issues, the U.S. Ambassador to the Philippines, Philip S. Goldberg discussed well the U.S. economic relationship with Asia.  He said that the American business community has a role to play in advancing the shared economic interests on ASEAN and throughout Asia. He added that the U.S. ought to remain engaged in supporting the efforts of the ASEAN and other bodies in promoting more economic policies that will stimulate economic growth and enable more people to experience the The 1st day of the summit was allotted to the registration of participants, while the next two days marked the conference proper. The well-prepared presentations were delivered by experts from top industries who gave updates in their respective fields, and some U.S. government officials on the state of U.S. trade and investment in their particular host countries. 

Furthermore, he said that the Philippine economy grew by over seven percent last year, the second-highest rate of growth in the region.  With similar growth in 2012, he also mentioned that the country is on an economic upswing, from the 1960s; and thus, experiencing its greatest economic surge.  

The keynote speaker, DFA Secretary Albert del Rosario enjoins APCAC and AmCham to fully support our independent and principled Foreign Policy and encourages deliberations on it, as well.  He hopes that the issue about China be resolved in no time, because the tension in South China Sea can adversely affect the economic and business scenario of the whole Asia-Pacific region.  

He likewise enjoins the Chambers to fully support the Philippine Government's goals on inclusive growth, combating corruption, promoting transparency and peace, and upholding the rule of law.  


In addition, he enjoins the Chambers to investing more and to continue doing business with the Philippines, since we consider them as valued friends, partners and allies, and not just business associates.


We look forward to APCAC 2015 Summit, for a stronger U.S.-Asia partnership!






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