PALACE ASSURES PBBM WILL NOT ENTER DISADVANTAGEOUS FOREIGN DEALS

​Malacañang has assured the public that President Ferdinand Marcos Jr. will reject any international agreement that puts the Philippines or its citizens at a disadvantage.

​During a recent press briefing, Communications Undersecretary and Palace Press Officer Claire Castro reiterated the administration’s stance on protecting national interests during foreign economic engagements.

​“Nagsalita din po ang Pangulo, hindi maaaring gumawa ng anumang transaksyon na ang Pilipinas o mga Pilipino ang siyang madidehado,” Castro stated.

​The statement follows news that the United States levied heavy tariffs on Canada after Ottawa refused a trade deal seeking exclusive access to its critical mineral reserves.

When questioned about the protective measures Manila is taking as the U.S.-led Pax Silica initiative expands into the country, Castro emphasized that all government actions and investment partnerships will strictly adhere to national laws.

​She affirmed that while attracting foreign capital remains a priority, the administration will not compromise the welfare of the public.

​“Kailangan po natin na magkaroon ng mga investments pero hindi nangangahulugan na ang ating mga kapuwa Pilipino ang magdurusa,” Castro noted.

​“So maliwanag po iyan, hindi po natin pababayaan kung ano ang itinatalaga ng ating batas, hindi po natin iba-violate ang karapatan ng ating mga kapwa nating Pilipino,” she added.

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