On 4th of July, US envoy hails year of PH-US milestones

On 4th of July, US envoy hails year of PH-US milestones

On 4th of July, US envoy hails year of PH-US milestones

US Ambassador MaryKay L. Carlson —US Embassy in the Philippines’ official website

MANILA, Philippines — On the Fourth of July—the United States’ Independence Day and Philippine-American Friendship Day—we look back on what the US-Philippine partnership has achieved over the past 12 months.

We’ve reached incredible milestones together as friends, partners, and allies, setting a bold agenda to build a more secure and prosperous future for our peoples.

Article continues after this advertisement

The Trilateral Leaders’ Summit among US President Joe Biden, President Marcos and Japanese Prime Minister Fumio Kishida in Washington was a historic moment in a year of exceptional achievements.

FEATURED STORIES

The leaders committed to advancing the security and prosperity of all three nations, the Indo-Pacific region, and the world through cooperation on economic growth, critical technologies, the digital economy, climate and clean energy, infrastructure, and peace and security.

They announced the Luzon Economic Corridor under the Partnership for Global Infrastructure and Investment and the Indo-Pacific Economic Framework Investment Accelerator, which will support transformative public and private investments from Subic Bay to Batangas—home to 40 percent of the Philippines’ population and 50 percent of its economic activity.

Article continues after this advertisement

The three leaders also announced $8 million for Open Radio Access Network field trials that will pave the way for more affordable and secure telecommunications.

Article continues after this advertisement

As Mr. Marcos has said, economic security is national security. Our commitment to bring greater private investment to the Philippines is multifaceted.

Article continues after this advertisement

1st US trade mission

In March, US Secretary of Commerce Gina Raimondo led the first-ever Presidential Trade and Investment Mission to the Philippines, where US firms announced more than $1 billion in investments in key sectors and new partnerships to help develop a future-ready Philippine workforce.

We built on these engagements in May during the Indo-Pacific Business Forum in Manila, where the US Trade and Development Agency awarded a grant to a Filipino company to deliver affordable, high-quality internet connectivity to underserved communities in the Philippines.

Article continues after this advertisement

We are accelerating investment in the Philippines with the introduction of new tools and resources.

Later this year, the US Development Finance Corp. (DFC) plans to open a Manila office, its fifth location in the Indo-Pacific region.

This new office underscores DFC’s growing focus on the Philippines in critical sectors, such as renewable energy, agriculture, critical minerals, and infrastructure.

The Millennium Challenge Corp. returned to the Philippines this year and now has a team on the ground to codevelop a threshold program.

This program identifies key constraints to economic growth and creates favorable conditions for new investments from the private sector and development partners.

Civil nuclear deal

The United States is committed to supporting the Philippines’ clean energy transition.

Last November, at the Asia-Pacific Economic Cooperation Leaders’ Week in San Francisco, Secretaries Raphael Lotilla and Antony Blinken signed a civil nuclear cooperation agreement, or “123 Agreement,” facilitating US-Philippine cooperation to responsibly develop a peaceful, sustainable nuclear energy program.

The Philippines Department of Energy (DOE) and the Philippine-American Educational Foundation are creating scholarships and academic exchanges on nuclear power and clean energy, and the US Agency for International Development (USAID) is partnering with the DOE to develop a comprehensive civil nuclear energy policy.

Usaid partnered with the Philippine government to launch its first Green Energy Auction Program, in which private sector companies compete to offer the most affordable prices to supply renewable energy to the grid, driving billions of dollars in investments and increasing renewable energy capacity by 65 percent by 2026.

The US Departments of State and Energy also launched the US-Philippine Energy Policy Dialogue to deepen cooperation in this field.

Our military alliance continues to flourish.

We have improved our bilateral exercises and established new ways to work together to address 21st century security challenges, such as cyberdefense. We have reinvigorated our maritime cooperation, conducting joint naval engagements alongside Australia, Canada, France and Japan.

Modernizing the AFP

The United States continues to expand funding to help modernize the Armed Forces of the Philippines.

Underpinning all these important endeavors are close and meaningful bonds of friendship and family ties that form not only the foundation upon which our relations are based, but a springboard for reaching new heights in the future.

On this day last year, I hailed the positive momentum in US-Philippine relations.

Since then, that momentum has accelerated significantly. As Secretary Blinken described it during his most recent visit to Manila, the US-Philippine relationship is on hyperdrive and has never been stronger.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Let’s see what we can accomplish in the next 12 months! —contributed

TAGS: July 4th

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.