Duterte pushes sub-regional economic cooperation in ASEAN | ABS-CBN

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Duterte pushes sub-regional economic cooperation in ASEAN

Duterte pushes sub-regional economic cooperation in ASEAN

ABS-CBN News

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President Rodrigo Duterte attends the ASEAN Summit in Laos. Malacanang photo

MANILA - President Rodrigo Duterte on Tuesday pushed for sub-regional cooperation among Southeast Asian nations to help spur local economies.

Duterte said he would promote the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area or BIMP-EAGA. He also cited the Greater Mekong sub-region and the Indonesia-Malaysia-Thailand Growth Triangle.

"Hailing from Mindanao, I commit to promote BIMP-EAGA. We intend to open up our other major islands like Mindanao and the Visayas with high-quality backbone infrastructures," Duterte said in a speech at the ASEAN business summit in Laos.

Roll-on roll-off facilities in Davao and General Santos in the Philippines and Bitong in Indonesia must be expanded, he said.

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The BIMP-EAGA was established in 1994 to promote cooperation among regions that are distant from their capitals but strategically close to each other. Mindanao and Palawan are included in the sub-region, according to the Asian Development Bank.

Duterte also called on ASEAN to help boost small and micro-enterprises while pursuing free trade agreements.

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