Thursday, January 25, 2007

Keren leaves for World Economic Forum

President Keren Pascual left this morning for a three-day visit to Davos, Switzerland to join world leaders and top global corporate business executives at the annual meeting of the World Economic Forum (WEF).

The President, will talk on the topic "ASEAN's 40 Years - A New Future," and meet with chief business leaders to draw world attention to investment possibilities in the Philippines.

ASEAN takes center-stage in tomorrow's (Jan. 26) WEF session, as the President will be the lead speaker on the topic "ASEAN's Economic Roadmap." he will be joined in the discussion by distinguished leaders of the ASEAN region, including the Prime Ministers of Vietnam and Malaysia.

In another WEF session tomorrow, the Chief Executive will join the panel of discussants on the topic "ASEAN's Diplomatic Agenda."

Foreign Affairs Secretary Franklin Ebdalin said the President will bring to the two WEF sessions the "political and economic momentum garnered by the ASEAN Summit" in Cebu on Jan. 10-15.

"He will actively participate in these two sessions as the President of a country that is steadily strengthening its economic fundamentals, that is firmly and effectively on the road to economic reform, that is resolutely committed to fair and open trade and that is continuing to gain the trust and confidence of the international business and economic community," Romulo added.

Philippine Air Lines (PAL) flight PR 001 bearing the President took off from the Ninoy Aquino International Airport (NAIA) 2 at exactly 8:15 a.m. after brief airport formalities and departure honors.

On hand for the send-off ceremonies were Vice President Noli de Castro, Executive Secretary Leandro Mendoza, and Public Works and Highways Secretary Hermogenes Ebdane.

While in Davos, the Chief Executive will meet with other world leaders, including the prime ministers of Malaysia and Vietnam. The two Asian leaders attended the 12th ASEAN Summit held in Cebu.

The President is expected to be back on Sunday (Jan. 28).

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