Wednesday, May 20, 2026
Today's Print

DTI to leverage ASEAN hosting to boost trade

The Philippines is preparing to steer the Association of Southeast Asian Nations (ASEAN) through a pivotal year of economic transformation as it assumes the rotating chairmanship of the bloc for 2026.

The country aims to use the platform, which culminates in the 44th ASEAN Summit, to advance regional unity and strengthen commercial linkages between member states and external partners.

- Advertisement -

Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque, who chairs the ASEAN Economic Ministers for 2026 following a formal handover in Kuala Lumpur, has launched a strategy focused on export promotion and business matching.

The department views the chairmanship as a massive networking initiative to connect ASEAN companies and investors during ministerial meetings. This effort is designed to generate cross-border deals in sectors such as renewable energy, semiconductors, minerals, and digital services.

“The chairmanship allows ASEAN partners to gain a closer look at the country’s business landscape and regulatory environment,” Roque said.

She said these engagements serve as platforms to boost regional integration and place Filipino products at the forefront of regional supply chains.

Under the theme “Navigating Our Future, Together,” the Philippine agenda aligns with broader goals to reduce trade barriers and accelerate the ASEAN Digital Economy Framework Agreement.

The initiative seeks to harmonize e-commerce and cross-border data governance while establishing centers of excellence to help small businesses integrate into the global market.

The chairmanship coincides with a broader push by the Department of Trade and Industry to finalize free-trade agreements with the European Union and Chile. These deals are expected to expand market access for Philippine exporters and their regional partners throughout 2026.

By blending diplomatic outreach with economic pragmatism, Manila intends to secure substantive investment outcomes that will influence the region for years. The government remains focused on promoting innovation in artificial intelligence and sustainable growth to ensure the 10 member states remain competitive in a shifting global economy.

- Advertisement -

Leave a review

RECENT STORIES

spot_imgspot_imgspot_imgspot_img
spot_img
spot_imgspot_imgspot_img
Popular Categories
- Advertisement -spot_img