“I look forward to joining fellow APEC Leaders in California later this year. This will be my third trip to the US since I assumed office,” Marcos told the US-ASEAN Business Council.
The APEC is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
This year, the US will chair the forum which will be held on Nov. 14 to 16 at the Moscone Center West in San Francisco, California.
Focusing on “Creating Economic Opportunity,” the APEC Summit will feature a lineup of dynamic and diverse speakers who will highlight the potential of collaboration to build a future that is centered on sustainability, inclusion, resilience and innovation.
Marcos is among the economic leaders who are expected to speak at the summit, according to APEC’s official website.
Marcos said he would advance the country’s energy security interest when he joins his fellow APEC leaders during the economic bloc’s gathering.
“With energy security high in the economic agenda, we are particularly interested in sustainable land, water, and ocean solutions that align with our climate goals and support our plans to transform the Philippines into an upper Middle-Income Country by the year 2025,” he said.
“All efforts to increase the number of power sources lean towards clean energy. That being the case, I am interested in the potential of nuclear energy, especially in light of new technologies and innovations that allow the use of smaller scale, modular, nuclear reactors, and other advanced [reactors] technologies that we see as being safer and more efficient than the more traditional designs of nuclear power production,” Marcos added.
Marcos noted that there are ongoing discussions with the US on the 123 Agreement which will provide the legal framework for civil and nuclear-related investments, particularly nuclear power, in the Philippines.
He expressed optimism that partnerships with the US and other countries, especially the private sector, would lead to the establishment of the necessary infrastructure for the planned transition to clean and renewable energy.