PH calls for inclusive globalization


Trade Secretary Ramon Lopez bared a plan to push for more inclusive globalization at the World Economic Forum (WEF) annual meetings in Davos, Switzerland from 22 to 25 January.

In a statement, his agenda includes the generation of more cooperation and trade agreements; opening of special market access and technical cooperation to developing countries; upgrading industries to 4.0 and digitalization and upgrading capabilities for micro, small and medium enterprise (MSME).

“The WEF will be an opportunity to interact with world trade ministers and call for free and fair globalization, as well as advocate for the use of technologies in trade,” Lopez said. He also relayed plans to participate in the World Trade Organization meeting on trade reforms and “conduct bilateral meetings with a number of trade ministers.”

“The visit allows us to hold special Philippine investment fora and roundtable meetings with global companies and business chambers,” he added.

“These will be our venues to present the huge opportunities in the country that has a fast growing and more robust economy with meaningful economic strategies and reforms.”

The WEF annual meeting brings together representatives from the government, executives from global companies, international government and non-government organizations and more to discuss various global issues.

Meanwhile, the Department of Trade and Industry (DTI) plans to conduct a “Trabaho, Negosyo, Kabuhayan” forum for the Filipino community in Switzerland this month, in line with Secretary Lopez’s participation at the WEF.

The TNK seminar is an initiative of the DTI in partnership with the private sector, the academe, civil society organizations and other government agencies. It aims to generate jobs and promote entrepreneurship for Filipinos abroad through the provision of information, contacts and other necessary resources.

In its released blueprint for decent job creation through employment and entrepreneurship for 2017-2022, DTI aims to generate 7.5 million jobs and achieve full employment by 2022 at 5 percent unemployment rate.

TNK seminars have also been concluded in Mexico and Australia last year.

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