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Asean foreign ministers gather in Cebu amid Mideast conflict

Foreign ministers and top envoys from Asean nations gather in Cebu City for their biannual meeting, focused on economic issues tied to the Middle East war. 'Asean needs to strengthen our crisis coordination and institutional readiness in times of crisis,' says Philippines Foreign Minister Theresa Lazaro as she opens the talks.

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Transcript
00:12Kindly look straight ahead of the center camera and give your best miles in 3, 2, 1.
00:31We will now proceed with the ASEAN way photo.
00:36In 3, 2, 1.
00:40We will take another.
00:42Everybody, and then go to your left.
00:49Just lovely.
00:52Are we here?
01:02As we convene today, we do so at a particularly consequential moment for our region.
01:09The ongoing crisis in the Middle East and its far-reaching repercussions, including the disruptions to energy flows, trade routes,
01:18food supply chains, and the welfare of our nationals, remind us that developments beyond our region can have immediate and
01:26profound effects on ASEAN.
01:28For ASEAN, which imports about 66% of its crude oil, this crisis meant significant increase in fuel and energy
01:37costs, which eventually led to higher prices for agricultural inputs, food, and basic commodities.
01:45The crisis also caused disruptions in some sectors, including transportation and tourism, and put a risk to millions of ASEAN
01:54nationals in the Middle East.
01:55Against this region, however, our discussions at the special meetings have pointed out that ASEAN needs to strengthen our crisis
02:03coordination and institutional readiness in times of crisis.
02:08In the midst of...
02:10Right, we are almost every six o'clock at the aservic hall.
02:17Have come down.
02:37I'll see you next time.
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