NatalieLopez

 11 Mar 24

tl;dr

American companies are set to make investments totaling over $1B in the Philippines, spanning solar and nuclear energy projects, digital upskilling, and a new airline route to Cebu province, Commerce Secretary Gina Raimondo announced during a Presidential Trade and Investment Mission to the country...

American companies are set to make investments totaling over $1B in the Philippines, spanning solar and nuclear energy projects, digital upskilling, and a new airline route to Cebu province, Commerce Secretary Gina Raimondo announced during a Presidential Trade and Investment Mission to the country. This comes amidst a broader goal to strengthen ties in the Indo-Pacific region.


Several notable U.S. companies are participating in this trade and investment mission, with executives from Google, Visa, United Airlines, among others, part of the delegation. Raimondo's emphasis on the Indo-Pacific region as a top priority for U.S. investors signals a strategic commitment to economic engagement in the area, as the U.S. navigates tensions with China. The visit underscores a concerted effort to bolster U.S. influence in the region, without necessitating a binary choice between the U.S. and China.

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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