Marcos to skip APEC Summit this month

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PRESIDENT Ferdinand Marcos Jr. will not attend the Asia-Pacific Economic Cooperation Economic (APEC) Summit in Peru next week, but he will send Trade Secretary Ma. Cristina Roque as the country’s representative, Malacañang said Thursday.

The President will not attend the APEC summit to “prioritize domestic concerns, including government responses to calamities,” Presidential Communications Secretary Cesar Chavez said in a text message.

The APEC Summit, scheduled from Nov. 10 to 16 in Lima, Peru, will bring together the leaders, ministers, and senior officials of the 21 APEC member economies, which account for half of global trade and 60 percent of world gross domestic product, to shape the future of trade and globalization policies.

Trade Secretary Ma. Cristina Roque

Established in 1989, the regional economic forum aims to leverage the growing interdependence of the Asia-Pacific and create greater prosperity for the people of the region.

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APEC’s 21 member economies are Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Taiwan, Thailand, the United States and Vietnam.

Carrying the theme “Empower. Include. Grow,” this year’s priorities focus on trade and investment for inclusive and interconnected growth; innovation and digitalization to promote the transition to the formal and global economy; and sustainable growth for resilient development.

Meanwhile, the President appointed Noel Eugene Eusebio Servigon as the Philippines’ non-resident ambassador to Bulgaria and Moldova.

Servigon’s new appointment is in addition to his concurrent post as Philippine Ambassador to Romania.

Marcos also appointed Benjamin Turgano as acting president and chief executive officer of the Natural Resources Development Corp.

Turgano will also serve as an acting member of the NRDC’s Board of Directors.

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