Marcos: I can't envision the Philippines in the future without the United States as a partner.
President Ferdinand "Bongbong" Marcos Jr. stated that the Philippines cannot envision itself in the future without its long-time friend, the United States, as a partner.
Marcos revealed this during an interview with John Tuttle, vice chairman and chief commercial officer of the New York Stock Exchange, on Tuesday (PHL time), during the NYSE economic event, when he wooed international investors to invest in the Philippines.
"We enjoyed a lunch sponsored by the US-Philippines Society earlier today. And I chatted with them, and we discussed geopolitics a little more, and I said that it is quite apparent to me in my vision for how the country would move ahead that I cannot see the Philippines in the future without the United States as a partner "Marcos stated.
"And, although I was talking to geopolitics and the political situation in the area and throughout the world, it absolutely continues to apply in our economic contacts," he continued.
While emphasizing that the Philippines and the United States have had relations for over a century, Marcos stated that many of the early movers of the Philippine economy were American enterprises and corporations.
"Many of the most powerful corporate supporters to the government and the rest of society in the Philippines came from the United States," Marcos added.
"Of course, this has altered with time, but the power of that link remains. And we intend to build those bonds even more "He continued.
He stated that the two nations' political, economic, and diplomatic ties will be tremendously important because they will give "stability in this highly uncertain economic, political, geopolitical, and diplomatic climate."
"I cannot emphasize enough how important the United States has been in every area of our life in the Philippines. So this is just an ongoing progression, and I believe it will deepen the relationship between the US and the Philippines "Marcos stated.
"And we are pulled together in many ways by forces that exist now in the globe and that I believe are not — that we definitely in the Philippines and I believe not in the United States are resistive to," he continued.
According to Marcos, the United States will be the Philippines' third largest trading partner and the second largest source of foreign direct investment applications in 2021.
He also stated that the United States has been "solid partners" in the country's transformation into one of the most promising developing economies.
Marcos departed Manila on Sunday for a working trip to the United States. He had already met members of the Filipino community in New Jersey.
He will present the national statement during the high level general discussion during the 77th session of the United Nations General Assembly on Wednesday morning (PHL time) (UNGA).
Marcos said on Sunday that he will speak at the United Nations General Assembly's 77th session on his administration's goals for economic recovery, food security, and agricultural output.
On September 24, Marcos will return to the Philippines.