MECO welcomes MC No. 82 as it puts emphasis on enhancing investment liberalization and facilitating cross-border capital flows, particularly as they pertain to deepening economic engagement with key partners such as Taiwan. The MC will reduce barriers and improve transparency that will attract greater Taiwanese investment while at the same time support shared priorities such as resilient supply chains, innovation, and sustainable development. 

This year marks the 50th anniversary of the Philippines-Taiwan relations and it's only fitting that we pave the way for stronger and more robust ties with Taiwan that will benefit all parties, while ensuring an all- inclusive approach that safeguards policy space for legitimate public interests.

Photo by: Ralph Jennings on scmp.com