Manila (TDI): Senior government representatives from the United States, Japan & Philippines were invited for Trilateral Summit Convened in Manila on October 25 for an informal trilateral summit focused on preventing economic coercion and fostering economic resilience.
Ms. Ma. Corazon Halili—Dichosa, the Executive Director for Industry Development Services at the Board of Investments of the Republic of the Philippines, chaired the session and led the discussion.
In addition, Mochizuki Chihiro, Director for Economic Security Policy at the Japanese Ministry of Foreign Affairs, led the Japanese delegation.
Furthermore, Jonathan Fritz, the Chief of Staff to Jose W. Fernandez, the Under Secretary for Economic Growth, Energy, and the Environment at the U.S. Department of State, led the U.S. delegation.
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The dialogue aims to enhance collaboration, combat economic coercion, and foster economic resilience.
This was outlined in “the Joint Vision Statement from the Leaders of Japan, the Philippines, and the United States,” released during the inaugural Japan-U.S.-Philippines Summit in April.
During that Summit in April, the White House released this statement; “In all sincerity, we believe that working together may significantly improve the safety and prosperity of our nation, the Indo-Pacific region, and the entire international community.”
Further, this statement was also released: “The monumental Summit that took place today is the culmination of decades of collaboration and builds upon the recent momentum that our countries’ trilateral projects have been experiencing.”
The participants expressed their apprehension regarding economic coercion and their firm opposition to it, alongside a commitment to fostering economic resilience.
The three countries confirmed their intention to collaborate in raising awareness of this issue throughout the international community.
Furthermore, the United States, Japan, and the Philippines are committed to strengthening their resilience and response capacities against potential economic coercion.
