Business & Economy

Pres. Aquino invites World Economic Forum delegations to next year's summit in Manila

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NAY PYI TAW, Myanmar -- President Benigno S. Aquino III personally invited last June 8 the delegations who attended the World Economic Forum (WEF) on East Asia here to attend next year's summit set in Manila.



President Aquino issued the invitation in his remarks at the closing plenary of the 22nd WEF on East Asia held here. He congratulated the government of Myanmar for successfully hosting this year’s forum.


“We are hopeful that we can match the standards set by Myanmar and duplicate their success,” President Aquino said. The Philippines has already started its preparations for the 2014 WEF East Asia Summit.


In his remarks, President Aquino also shared the Philippines’ experience in addressing the issue of development. He said that the government’s agenda “Kung walang corrupt, walang mahirap” resonated among the Filipinos.


“This is the overarching philosophy that has guided our reforms, our policies, and our social and economic resurgence, and it is in line with this philosophy that we are fostering a business environment in our country that is highly conducive to broad-based growth,” he said.


The President also said that a level playing field assures potential investors that the foundations for success in the Philippines are new ideas and hard work.


“That is the simple recipe behind the Philippine revival, and we are excited to discuss it more thoroughly with all of you next year, especially since we are accelerating our agenda of social inclusiveness and equitable progress,” he said.


“I am certain that we can learn much from your experiences in that regard. Thus, I am inviting all of you to visit the Philippines to see with your own eyes the transformation that has taken place,” he added.


President Aquino further said that their visit to the Philippines will be a memorable experience if they will set aside some time to explore some of the renowned tourist destinations in the country.


“For now, I suppose it is back to work for all of us. Rest assured, I, along with the members of my Cabinet, will be at our desk, finding even more ways to accelerate our reform efforts so that we can surprise you even more during your visit next year,” he said.


“It has been a productive few days for a lot of us, and I am hopeful that as we all depart this beautiful country, the lessons we have shared and learned will endure; and that we can all look forward to following through on the commitments we have made towards building a stronger, more cooperative, and more inclusive world economy,” he added.


President Aquino also said that he and the Philippine delegation enjoyed their short visit here in Nay Pyi Taw.



“And it has been a pleasure to witness a new chapter unfolding in Myanmar’s history, in which all sectors and groups can participate in improving peoples’ lives. We are encouraged by the notable steps being taken to achieve greater political and economic openness in Myanmar,” he said. 

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