Philippine President Ferdinand “Bongbong” Marcos Jr. and Australian Prime Minister Anthony Albanese have pledged to work together to establish a region that upholds sovereignty and promotes economic growth.
During a bilateral meeting at the Malacañang Palace in Manila, Albanese emphasized Australia’s commitment to shaping a region characterized by adherence to international rules-based trade and economic cooperation.
Albanese highlighted Southeast Asia’s economic potential and the need to enhance trade and investment for shared prosperity. Australia’s economic strategy focuses on agriculture, education, resources, and green energy transition.
He expressed Australia’s ambition to achieve significant milestones in the Philippines and the wider region.
Marcos and Albanese signed a Joint Declaration on a Strategic Partnership, solidifying their commitment to a dynamic, cooperative, and prosperous future.
This collaboration marks a crucial step in promoting sovereignty and economic growth, establishing a foundation for sustainable development and progress in the region.
Source: PhilNews24 | September 8, 2023
