|
WELCOME
REMARKS OF OAA DIV. III DIRECTOR MARCIANO R.
DE BORJA DURING THE PACLAS LATIN AMERICAN
WEEK (SEMANA LATINOAMERICANA)
UST
Main Building, 04
March 2004, 10:00 AM
Rev.
Fr. Tamerlane Lana, Rector of the University
of Santo Tomas, Excellencies Ambassadors and
officials of the Latin American Embassies,
Dean Belen Lorezca-Tangco, members of the
PACLAS, students, Friends, Ladies and
Gentlemen, Good Morning, Buenos Dias!
On
behalf of Secretary Delia Domingo Albert,
Assistant Secretary Ariel Y. Abadilla and
the Department of Foreign Affairs, I would
like to congratulate and thank the
Philippine Academic Consortium for Latin
American Studies (PACLAS) for holding the
Latin American Week or Semana Latinoamérica.
The
PACLAS, the national project of the
Philippines for FEALAC, is born out of the
need for us to create a network of academic
and research institutions focused on Latin
America.
It counts among its members some of
the leading universities and research
institutes of the country, namely the
University of Santo Tomas, the University of
the Philippines, Ateneo de Manila
University, De La Salle University, the
University of Asia and the Pacific, the
Philippine Institute for Development Studies
and the Foreign Service Institute.
Complete
Document
Strengthening Bilateral Trade and Investment Relationship Between Latin America and the Philippines: Beyond Economic Diplomacy
ABSTRACT
Trade with non-traditional and
distant markets has always been regarded as
worth exploring in an effort to increase
market shares amidst the downside effects of
globalization and regional trade
cooperation. While globalization processes
paved the way for increased competition and
opening up of markets, regional trade
arrangements have emerged to accord certain
markets with intrinsic advantages over
others.
The relationship between Latin
American countries and the Philippines in
the aspect of trade and investment is
typically influenced by the developments
brought about by globalization and regional
trading arrangements.
Historically, trade and investment
performances have been modest in specific
periods and for particular products.
Not surprisingly, the trend in
investments has also leaned towards
particular areas of activities, and at times
initiated by some bilateral agreements.
Economic diplomacy between the
Philippines and Latin American states
deserves greater attention, with focus on
products with distinct comparative
advantages. The attempt in this study to
measure the extent of economic integration,
in both ways, is an indicator of where focus
should be directed. A comparative derivation
of this indicator, showing how other ASEAN
countries pursue trade with the Latin
American region is an interesting finding,
from which lessons, experiences and
strategies can be drawn.
Complete
Document |
