In this issue are a number of accomplishments the Philippines has enjoyed in the global community. From the honors bestowed upon Finance Secretary Cesar V. Purisima and BSP Governor Amando Tetangco Jr., to the reaffirmation of the strategic partnership between the Philippines and Japan—all of these show that the Philippines is indeed enjoying the confidence of the world.
During his recently concluded trip to Japan, President Benigno S. Aquino III engaged in a bilateral summit meeting with Prime Minister Yoshihiko Noda to discuss issues that affect the Philippines and Japan, as well as the regional and international communities. The results were detailed in a joint statement entitled “Philippines-Japan Joint Statement on the Comprehensive Promotion of the “Strategic Partnership” between Neighboring Countries Connected by Special Bonds of Friendship,” which both leaders signed on September 27, 2011 after the meeting.
President Benigno S. Aquino III returned from a three-day working trip to Japan with $1.4 billion in investments, particularly in the power, electronics, real estate and manufacturing sectors, as he met with various individuals and groups.
The two leaders welcomed the implementation and operation of the Japan-Philippines Economic Partnership Agreement (JPEPA), agreeing that further dialogue with Japanese business groups was necessary to promote investment. Furthermore, agreements were reached regarding the promotion of the movement of natural persons, particularly Filipino candidates for the nursing and caregiving professions. Consultations will be undertaken to further improve the situation both countries face in this regard, including the acceptance of qualified Filipino nurses and caregivers in Japan.
During his recent trip to Japan, President Benigno S. Aquino III was able to meet with Filipino communities in Tokyo and Ishinomaki. In his speech for the Filipino community in Tokyo, he shared his joy at being able to meet with his countrymen in Japan, saying:
Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. was recently named as one of the World’s Best Central Bankers for 2011 by New-York based publication Global Finance magazine.
During his trip to Japan, President Benigno S. Aquino III made it a priority to visit Ishinomaki City in Miyagi Prefecture, which was greatly affected by the Great East Japan earthquake and tsunami. Unlike Sendai, Ishinomaki City has not yet fully recovered, as can be seen in the ruins still left around the city. Upon learning that the area has since been neglected by many visitors and donations, Aquino insisted on visiting the city.