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MANILA, Philippines — House of Representatives Speaker Ferdinand Martin Romualdez has assured participants of the 2025 World Economic Forum (WEF) that while the Philippines will always protect its rights over territorial waters, it is also looking at deescalating tensions in the region.
Romualdez made this remark on Friday, as he spoke at a stakeholder dialogue in the WEF, entitled “Navigating Asia’s Hotspots.”
Article continues after this advertisementAccording to Romualdez, the Philippines maintains its strategic position as a United States (US) ally, while also being a vital trade partner of China — noting that the territorial dispute in the West Philippine Sea (WPS) does not define the entirety of Manila-Beijing ties.
FEATURED STORIES NEWSINFO Hontiveros: Give revised anti-teen pregnancy bill a fair chance NEWSINFO Bersamin defends Marcos against allegations of signing blank check NEWSINFO In Basilan, 2 dead as MILF fighters ambush soldiers“President Ferdinand Marcos, Jr. has been very, very firm on his policy that we should not give an inch of any Philippine territory,” said Romualdez, one of the members of the Philippine delegation to the 2025 WEF in Davos, Switzerland.
“Despite the President being very firm on this policy of not giving up a single inch, we are working daily to de-escalate tensions. We do not want the South China Sea dispute to overshadow the many other facets of our relationship with China, including trade, education, and cultural exchanges,” he added.
Article continues after this advertisementRomualdez meanwhile said that the Philippine government continues to abide by a rules-based global order, particularly the United Nations Convention on the Law of the Sea (Unclos).
Article continues after this advertisement“Having that been said, we celebrate, of course, our rules-based global order, and with the UNCLOS and the 2016 arbitral award recognizing the sovereignty of the Philippines, we stand steadfast with the President’s policy in enforcing that,” he said.
Article continues after this advertisement“We are not taking sides. The United States is our long-standing ally, and China is our largest trading partner. The Philippines is navigating a middle path where we maximize opportunities from both relationships while actively participating in the broader global community,” he added.
According to Romualdez, he and the rest of the Philippine delegation attended the WEF to highlight the economic benefits of the Philippines’ pragmatic foreign policy.
Article continues after this advertisement“We are here at the WEF to tell the Philippine story—of a nation full of potential and resilience. As part of ASEAN, we are at the heart of a dynamic growth region, and we are working to build stronger partnerships to unlock opportunities for trade and investment,” he said.
“ASEAN continues to play a vital role in ensuring regional peace and stability. The Philippines remains committed to this multilateral framework, which has proven effective in addressing challenges while promoting cooperation,” he added.
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“Our future lies in de-escalating tensions, building meaningful partnerships, and safeguarding our principles.”
The National Union of Healthcare Workers, which represents the employees, is negotiating a new contract with the Oakland-based health giant. It said the strikers demand Kaiser hire more people to ease the burden put on the current staff.
Preliminary data from the BSP showed that net income rose to P95.2 billion as of end-July, up by 414 percent from the P18.5 billion in the same period last year.
For comprehensive coverage, in-depth analysis, visit our special page for West Philippine Sea updates. Stay informed with articles, videosslot8, and expert opinions.
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