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President Marcos delivered his opening statement at the Business Advisory Council during the 49th ASEAN Summit on Sunday, Nov. 15, as ASEAN leaders and delegates hear from the private sector in their economic plans for the region.

Marcos emphasized the council's task on identifying the factors where governments and businesses can work together, guided ASEAN's priorities concerning "people, planet, platform, and productivity." (Video courtesy of ASEAN 2026 PH)

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Transcript
00:01Excellencies, distinguished colleagues, members of the ASEAN Business Advisory Council, good
00:07afternoon. I welcome you all to the ASEAN Leaders Interface with the ASEAN Business Advisory
00:13Council. Our meeting today is an opportunity to hear directly from our partners in ASEAN's
00:19business community. In a year marked by geopolitical tensions, supply chain disruptions,
00:25and rapid technological change, ASEAN must work together to strengthen our economies and protect
00:31the livelihoods and well-being of our peoples. The ASEAN BAT plays an important role in this effort
00:38by bringing business and government together. They bring an important perspective to ASEAN
00:45community building that governments do not always see from the negotiating table. The cost of doing
00:50business across borders, the difficulty of accessing new markets, and the gap between what our agreements
00:57promise and what businesses actually experience. ASEAN has invested considerable effort in negotiating
01:05trade agreements, opening markets, and establishing common frameworks. These efforts will deliver their
01:12full value when businesses, particularly our MSMEs, can use them to expand, invest, and compete across the
01:21region. Our task today is to listen to one another and to identify where government and business can work
01:29more closely together. We need your views on the barriers that remain and the steps that we can take to
01:35address them. Your recommendations must also receive proper consideration and clear follow-through within
01:42ASEAN. I look forward to an exchange guided by the ASEAN BAT's priorities of people, planet, platform,
01:50and productivity. From expanding opportunities for our entrepreneurs and workers to strengthening
01:57food and energy, food and energy security, advancing digital transformation, and growing our industries,
02:04we have much more work to do together. As we pursue the ASEAN Community Vision 2045,
02:12let us ensure that deeper integration creates opportunities for businesses of all sizes and improves
02:19the lives of our people. Thank you, and I look forward to a productive discussion.

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