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Manila Bulletin devider Philippines devider National devider Biden's trade mission first of many commercial PH-US events in 2024 — DFA

Biden's trade mission first of many commercial PH-US events in 2024 — DFA

Published Jan 15, 2024 11:33 am

The trade mission that will be sent by US President Joe Biden to the Philippines will be the first in a series of major commercial events that will be undertaken by Manila and Washington this year, the Department of Foreign Affairs (DFA) said Monday, Jan. 15.

After Biden announced over the weekend that US Commerce Secretary Gina Raimond will lead the Presidential Trade and Investment Mission, DFA confirmed that it will be welcoming the delegation that will arrive in the country on March 11.

Biden's announcement follows through his earlier commitment to President Marcos during the latter's visit to Washington in May to "spur more capital-intensive investments in the country’s innovation economy, clean energy transition, critical minerals sector, and food security," DFA added.

DFA said the mission would be "a testament to the two countries' resolve to forge broader and deeper public-private partnerships for enduring, inclusive and sustainable economic growth and development."

During Marcos' visit to the US, the President said he was able to forge a more vital Philippine-US relationship in a range of areas thst included food security, agricultural productivity development, digital economy, energy security, climate change, and cybersecurity.

He added ​his meeting with Biden ​allowed him to ensure the country's resilience from economic threats, including global supply chain disruptions and economic coercion.

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