00:00House Speaker Martin Romualdus, who participated in the 2025 World Economic Forum, or WF, annual
00:06meeting, expressed confidence that the country will attract more foreign investments, leading
00:11to job creation and economic growth. Romualdus, who was part of the Philippine delegation,
00:16thanked the global community for its warm reception and highlighted the country's
00:20balanced approach to geopolitical issues and economic stability. He also emphasized the
00:26importance of strengthening international relations, particularly with the United States,
00:31focusing on trade and investment rather than just aid.
00:36Despite the president being very firm on this policy of not giving up a single inch,
00:42we are trying to do every day how to de-escalate all the tensions. We do not want to make these
00:48tensions in the South China Sea a definition of the relationship. The definition of the
00:53relationship is much wider than these concerns in the South China Sea. We try to be more
00:59multifaceted in our views and in our approach with countries, not just with China, but with
01:04the United States. For instance, with the United States, it's not just about aid. We want more
01:09trade. We want more investments. And that's why we're here, not just for the United States,
01:15but to the whole global community.