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00:00.0
I have just ended my visit to Washington, D.C., wherein I attended the first Philippines-U.S.-Japan Trilateral Summit
00:08.1
with U.S. President Joe Biden and Japanese Prime Minister Kishida Fumio.
00:14.8
During our meeting, we reaffirmed our commitment to a peaceful, secure, and prosperous Indo-Pacific.
00:21.4
We are guided by our shared values of democracy, the rule of law, human rights, and gender equality.
00:27.7
We explored ways of enhancing our cooperation in a number of areas of mutual concern,
00:34.3
including in enhancing economic resilience and security, promoting inclusive growth and development,
00:41.0
addressing climate change, and maritime cooperation.
00:44.9
During our meeting, the U.S. and Japan announced their support for the infrastructure development
00:50.5
and connectivity in the Philippines through the Partnership for Global Infrastructure and Investment,
00:56.0
the implementation of open-source infrastructure,
00:57.7
an open radio access network in the Philippines,
01:00.5
workforce development for the semiconductor industry,
01:03.9
capacity building in the peaceful uses of nuclear energy,
01:07.4
and the Philippines' membership in the Mineral Security Partnership Forum.
01:12.4
We also exchanged views on a number of regional security issues of mutual concern.
01:18.6
I took the opportunity to update President Biden and Prime Minister Kishida
01:23.0
on the latest developments in the South China Sea,
01:26.2
including the recent development of the South China Sea,
01:27.4
including the recent development of the South China Sea,
01:27.7
including the recent development of the South China Sea,
01:28.2
and the recent development of the South China Sea.
01:30.0
I also had a bilateral meeting with President Biden
01:33.2
wherein we reaffirmed our commitment to the long-standing Philippines-U.S. alliance.
01:38.3
On the sidelines of the visit, I also had the opportunity to meet with UltraSafe Nuclear Corporation
01:43.9
to discuss our commitment to diversifying our energy mix
01:48.9
through the promotion of clean and renewable energy sources.
01:54.0
Additionally, I engaged in fruitful discussions with U.S. technicians
01:57.7
Thank you very much.
02:27.7
At the U.S. ASEAN Business Council and the U.S. Chamber of Commerce, as well as at a business reception with the U.S. Philippine Society, I reiterated the clear message, the Philippines is open to U.S. businesses.
02:41.9
Furthermore, I emphasize that trilateral cooperation between the U.S., Japan, and the Philippines is a natural progression of the strong relations between close allies.
02:52.3
Over the past year, the U.S. Trade and Development Agency has led to activities...
02:57.7
...worth over 500 million U.S. dollars to develop high-quality infrastructure in the Philippines, focusing on renewable energy, smart grids, and healthcare solutions.
03:09.7
Similarly, the U.S. International Development Finance Corporation has pledged to mobilize private sector investment in critical sectors such as infrastructure and renewable energy,
03:21.3
with a new $20 million loan earmarked for affordable housing in the Philippines.
03:27.7
Moreover, the recent U.S. Presidential Trade and Investment Mission showcased over $1 billion in combined investments from 22 U.S. companies and organizations during a visit to Manila in March 2024.
03:44.6
This mission underscores the strong economic ties between our nations and the immense potential for further collaboration.
03:57.7
...this year in Manila promises to be a significant platform for fostering infrastructure development and reinforcing economic ties in the region.
04:06.8
With over 500 senior business executives and government officials in attendance, this forum will serve as a catalyst for driving investment and growth in emerging economies.
04:18.1
In conclusion, I am confident that our collaborative efforts will pave the way for a brighter, more prosperous future for the Indo-Pacific region.
04:27.7
Together, we can harness the power of infrastructure and innovation to drive sustainable development and economic growth.
