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15 Enero, 2025 Miyerkules

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Support sought for Ph UN Security Council bid

By Nidz Godino

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“With  long history and  credible record of multilateral diplomacy,  Philippines is in  very strong position to take on more leadership roles  seek to advocate on consequential issues in  global agenda…one such important issue is peace and security,” President Ferdinand Marcos Jr,sought support for  Philippines’ bid for  seat in United Nations Security Council and emphasized  importance of  rules-based international order during  New Year reception attended by diplomats, including  ambassador of China.

In his toast at traditional vin d’honneur at Malacañang, Marcos said  Philippines’ candidature for  non-permanent security council seat for 2027-2028 term stands on its “rich experience” in building peace, forging consensus and finding new pacts for cooperation.

 “Our candidature is consistent with our long-held view that we need to further strengthen multilateralism efforts that will reform  Security Council and revitalize  general sentiment,” he stressed.

Marcos cited  Philippines’ deployment of 14,000 troops to 21 UN peacekeeping operations and special political missions over  past 60 years.

“I take this opportunity anew to convey to your respective governments our earnest request for your support to our UN SC bid and we hope for your support when  time comes that we are indeed sitting as member of  UN Security Council,” the Chief Executive said.

In the same remarks, Marcos reiterated  Philippines continues to encourage adherence to  rule of law,  concept mentioned consistently in the country’s statements on South China Sea dispute.

“Our foreign policy has always been to encourage peace and to foster cooperation while also ensuring that international law is faithfully complied with and permeates all facets of relations amongst nations…for it is only through  rules-based international order that peace and development can be achieved,” Marcos told attendees of  formal reception, including Chinese envoy Huang Xilian.

China continues to commit aggressive actions in  South China Sea to assert its maritime claim,  voided by  international arbitral court in 2016.

Marcos also trumpeted Philippines’ economic accomplishments and vowed to undertake measures that would make  country more conducive to investments.

He said the country’s economy remains among  strongest in Asia, growing by 5.8 percent in the first three quarters of last year and “outstripping”  performance of some of its peers in the region.

He added that  revenue collection for 2024 was about P4.42 trillion, accounting for 16.7 percent of gross domestic product and highest in the last 27 years.

Philippines, Marcos noted, also scored highest in debt transparency among 50 countries surveyed by  Institute of International Finance in 2024.

“Year 2024 also earned Philippines its first-ever credit rating upgrade of A-minus with  stable outlook from Rating and Investment Information Inc. and  upgrade of outlook to positive from S&P global ratings, making the country more attractive to investors and helping to lower borrowing costs for government and for businesses,” the President said.

Marcos also mentioned  lower unemployment rate,  fallen to to 4.0 percent, well below  full-year target rates of 4.4 to 4.7 percent.

“We owe this to  sustained strength of  country’s labor market… I certainly hope that this trend will continue as it signals  more employment opportunities in the country,” he said.

“My dream remains that to be able to say that one day we can say that overseas work is a matter of choice and not one of necessity.”

Marcos expressed confidence  Philippines would achieve this year  gross national income per capita rate set by  World Bank for the country to attain upper-middle-income status.

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