From the Website of PNA
links https://www.pna.gov.ph/article/asean-summit-highlights-ph-leadership-readiness-for-new-investments
ASEAN summit highlights PH leadership, readiness for new investments
MANILA – The Philippines plans to leverage its hosting of the 49th Association of Southeast Asian Nations (ASEAN) Summit and Related Meetings to showcase its capacity to lead and shape regional priorities while attracting new investments and meaningful partnerships.
ASEAN 2026 National Organizing Council (NOC) Director-General for Operations Ma. Hellen De La Vega in the Byaheng Bagong Pilipinas Podcast said that Manila, beyond gathering world leaders to address issues confronting the region, will ensure that regional policies crafted and adopted will bring in tangible benefits that Filipinos can feel at the grassroots.
“The President said that: Let's leverage on this chairship to promote our country, our culture, our heritage, our values, and to show to the world we are ready—we’re ready for a new business, we're ready for new investments, we are ready for partnerships,” she said.
“And so, we hope that sama-sama nga tayo, hindi lang ang gobyerno, hindi lang 'yung mga ahensya, kung di even the ordinary citizens of our country (And so, we hope that we are in this together, not just the government, not just the agencies, but even the ordinary citizens of our country),” she added.
The summit’s agenda will build on discussions at earlier meetings held by the Philippines throughout the year, including on food and energy security, inclusive growth, digital transformation, artificial intelligence governance, agriculture, and people.
In a recent forum at the UP Asian Center, Foreign Affairs Undersecretary Leo Herrera-Lim said the Philippine chairship is expected to produce a number of deliverables in the November summit, including the landmark ASEAN Digital Economy Framework Agreement (DEFA), which would be the world’s first binding region-wide deal on the digital economy.
The country, he said, will also push for the implementation of the proposed ASEAN Power Grid, allowing countries to access power generation sources externally.
“It's good for ASEAN because tayong lahat na consumers (us consumers) can now get power that is according to our desire,” he said.
“If you're a prospective investor, ngayon puwede kang mag-generate ng power elsewhere (If you're a prospective investor, you can generate power elsewhere) and then sell it to other ASEAN countries. So, it increases the economic activity within our country,” he added.
The summit, taking place from Nov. 15 to 17, comes timely as the world grapples with economic uncertainties by providing state leaders a conducive platform to sit down and address common challenges.
“We created ASEAN for regional cooperation. Itong paghawak nang right over left, kapag nag-ASEAN family photo tayo, may ibig sabihin 'yon: na sama-sama tayo (We created ASEAN for regional cooperation. The gesture of placing the right hand over the left during an ASEAN family photo actually carries a specific meaning: that we work together),” Dela Vega said.
“[It] shows that we're not leaving a country behind. We are all for this, sense of, shall we say, support for each other,” she added.
Among the delegates confirmed attending the summit are leaders of all ASEAN states except Myanmar, which will be represented by a career diplomat; U.S. President Donald Trump, Canadian Prime Minister Mark Carney and Brazil’s reelected President Luiz Inácio Lula da Silva. (PNA)
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