Philippines stakes claim as Latin America’s Asean gateway

The Philippines is making a push to become Latin America's entry point to Southeast Asia, aiming to capitalize on shared history and culture between the two regions. This move comes as the Association of Southeast Asian Nations (Asean) and the Mercosur bloc look to diversify their trade relationships beyond traditional partners. By establishing itself as a key gateway, the Philippines hopes to attract more Latin American businesses looking to expand into Southeast Asia, potentially boosting trade and economic ties between the regions.

Why it matters

The Philippines is trying to increase trade with Latin America by using their shared history and culture. This could lead to more business and investment between the two regions.

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