The Philippine government has assumed co-chairmanship of the Organisation for Economic Cooperation and Development’s (OECD) Southeast Asia Regional Programme, reaffirming its commitment to the program’s goals.
The Philippines will share leadership of the OECD Southeast Asia Regional Programme with Canada, a move that “underscores the country’s commitment to promoting sustainable, inclusive, and innovation-driven growth across Southeast Asia,” according to the Department of Economy, Planning, and Development (DEPDev).
The handover ceremony took place on June 3, during the OECD 2025 Ministerial Council Meeting (MCM). The MCM’s theme was “Leading the Way Towards Resilient, Inclusive, and Sustainable Prosperity through Rules-Based Trade, Investment, and Innovation.”
The MCM, chaired by Costa Rica with Australia, Canada and Lithuania as vice-chairs, highlighted the importance of regional cooperation in addressing global challenges.
DEPDev Secretary Arsenio Balisacan noted the significance of the Philippines’ partnership with Canada, reflecting a shared vision for sustainable and inclusive development in the region.
“Through this co-chairship, we welcome the opportunity to exchange experiences with regional partners and collaborate on shared priorities—particularly in areas such as private sector engagement, digital economy advancement, and innovation promotion,” Balisacan said.
The country’s chief economist said the Philippines and Canada would collaborate to enhance engagement between Southeast Asian nations and the OECD, focusing on key global challenges such as sustainable infrastructure, corporate social responsibility, and inclusive economic development.
“We thank the OECD, the outgoing co-chairs—Australia and Vietnam—and all member countries and regional partners for entrusting us with this critical responsibility,” he said. “We also express our enthusiasm for working closely with our Programme counterparts, whose expertise and commitment to international cooperation are well recognized.”
During the event’s breakout sessions, Balisacan outlined the Philippine government’s strategy for enhancing economic resilience amid a fragmented global trade environment. He highlighted key priorities including strategic trade diversification and upgrading, harnessing digital transformation for inclusive growth, and adopting pragmatic approaches to artificial intelligence governance and international collaboration.
The two-day OECD 2025 Ministerial Council Meeting, held from June 3 to 4, 2025, brought together OECD member states and non-member partner countries to collectively pursue shared goals of resilient, inclusive, and sustainable prosperity.
