Partnership forged for development of Luzon Economic Corridor

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The Philippines, the US and Japan vowed to cooperate on an “economic corridor” in Luzon during their first-ever trilateral summit here, which also saw them committing to develop critical and emerging technologies and to work together on clean energy supply chains.

President Marcos, US President Joe Biden and Japanese Prime Minister Fumio Kishida walk together to a trilateral meeting at the White House in Washington yesterday. Inset shows the US and Philippine leaders at a bilateral meeting, emphasizing their joint commitment to promote mutual interests and regional stability.

Manila, Washington and Tokyo are also partnering to expand cooperation and investments in other areas of the Philippines, they added. Marcos, Biden and Kishida announced a plan to hold a trilateral event promoting investment in the Luzon Economic Corridor on the margins of the Indo-Pacific Business Forum in Manila in May.

The plan seeks to “enable future commercial deployment and an open, interoperable, secure, reliable and trusted information communications technology ecosystem in the Philippines.” “The United States and Japan commend the Philippines’ commitment to develop a national Open RAN policy framework, reaffirming the Philippines’ endorsement of open, interoperable and trusted architectures,” the vision statement read.

“Furthermore, through the CHIPS and Science Act’s International Technology Security and Innovation Fund, the United States and the Philippines plan to coordinate our efforts to develop and expand the Philippine semiconductor workforce to strengthen the global supply chain,” the joint statement said.Marcos, Biden and Kishida reiterated their commitment to take urgent action on what they described as the “existential threat of the climate crisis,” cut greenhouse gas emissions in line with a 1.

Also announced in the statement were a plan by Washington and Tokyo to co-host a nuclear energy study tour in Japan for nuclear experts and policy decision-makers from the Philippines and other partner countries, and the US intention to manage a clean energy supply chain training program for select Filipino and Japanese participants.

 

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