11 November 2011

President off to APEC Summit


President Benigno S. Aquino III leaves for Honolulu, Hawaii, USA, Friday, Friday, for the Asia-Pacific Economic Cooperation (APEC) Summit.
Presidential spokesperson Edwin Lacierda said the President will be leaving at 4 p.m. Friday and will be back in the country Friday, Nov. 15, in time for his meeting with US Secretary of State Hillary Clinton on Nov. 16.
The official delegation includes Foreign Affairs Secretary Albert del Rosario, Transportation and Communications Secretary Manuel “Mar” Roxas II, Energy Secretary Jose Rene Almendras, Trade and Industry Secretary Gregory Domingo, and Presidential spokesperson Edwin Lacierda.
Finance Secretary Cesar Purisima, also part of the official delegation, has gone ahead.
According to Lacierda, the President will also meet the Filipino community in Hawaii, aside from his attendance in the APEC Summit.
APEC 2011 aims to work towards the achievement of a "seamless regional economy.”
At the concluding Senior Officials’ Meeting and the ministerial meetings leading up to the leaders’ meeting, the Philippine delegation will present and push for the Philippine positions in line with the three priorities of APEC 2011: Strengthening regional economic integration and expanding trade by advancing "next-generation" trade and investment issues; promoting green growth, and promoting job creation in “green” industries; and expanding regulatory cooperation and advancing regulatory convergence.
Issues expected to be tackled in the APEC Economic Leaders’ Meeting (AELM), which will be attended by President Aquino, include growth and jobs, regulatory reform and competitiveness, energy efficiency, and energy security.
President Aquino will participate in the APEC Business Advisory Council (ABAC) Dialogue with leaders, which is a key feature of the AELM. The dialogue gives ABAC members the opportunity to meet with the APEC leaders to discuss the entire year’s ABAC work program and raise issues of pressing concern to the business community.
By MADEL R. SABATER
mb.com.ph

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