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Marcos to participate in APEC in San Francisco


President Ferdinand "Bongbong" Marcos Jr. is set to fly to San Francisco, California, USA next week to participate in the 2023 Asia-Pacific Economic Cooperation (APEC) Summit.

This was announced by Foreign Affairs Undersecretary Charles Jose at a Palace press briefing on Tuesday.

"For this year, the President is keen to push for financing a just, sustainable, and affordable energy transition through partnerships with the business sector. He will emphasize the need to invest more on clean energy to preserve and protect the environment while ensuring that we are energy secure and sufficient," Jose said.

"With our experience from the COVID-19 pandemic, the President wishes to push for deeper cooperation in health and modernizing health systems and to ensure that our health professionals are recognized and provided with welfare they deserve," he added.

On its official website, APEC said that its 21 member economies account for nearly 40% of the global population, almost half of global trade, and approximately 60% of global GDP.

As of 2021, APEC member states were the destination for more than 60% of US goods exports and seven of the top 10 overall trading partners for the US are APEC members.

Marcos will also have working visits in Los Angeles, California and Honolulu, Hawaii where he will meet with the Filipino community.

The President will also lead a Philippine economic briefing and have several meetings with top US companies.

He will also attend the APEC CEO Summit and the APEC Leaders Dialogue with the APEC Business Advisory Council.—AOL, GMA Integrated News

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