Aquino says countries must work together to attain development

April 20, 2012 10:28 pm 

LAPU-LAPU CITY, April 20 — Mutual cooperation is the key towards sustainable economic growth between countries and this is the current thrust of the government to ensure national progress, President Benigno S. Aquino III said on Friday.

The President was asked during the 17th World Electronics Forum and the Semiconductors Electronics Industries of the Philippines Inc. (SEIPI) general membership meeting here on how to strengthen trade relations between the Philippines and the US.

“We have one philosophy and that is all of us, all governments, want to improve the standards of living of their people, and the key to stability is the ability to be able to look at your partners' or neighbors’ growth as part and parcel of your own growth,” he said.

“So whenever we deal with any other state, with any other country, the drive has to be mutually beneficial. It cannot be starting from what’s in it for us, to the exclusion of the other party’s interest.”

Countries must share knowledge, technologies, best practices and they must be fair in terms of support to their respective industries, the President said.

But the President underscored the need of achieving inclusive growth in the country whenever it deals with another country and as it develops its own industries.

Currently, the government is devoting its attention to education, aiding the poor and empowering the labor force, the President said.

He particularly mentioned the ongoing conditional cash transfer program and additional allocation for the Department of Education to ensure more graduates who are equipped will necessary gain knowledge as they enter the labor market. (PNA) RMA/PCOO/rsm


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