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The Philippines
This Week in AsiaPolitics

Why Marcos’ Brics trip is ‘low-risk opportunity’ for Philippines to make new friends

The president, attending in his capacity as Asean chair, should not miss the opportunity to diversify ties beyond the US, analysts say

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Philippine President Ferdinand Marcos Jnr (left) delivers a speech as US Trade and Development Agency Deputy Director Thomas Hardy looks on during the Luzon Economic Corridor Investment Forum in Taguig City on Thursday. Photo:  EPA
Sam Beltran
President Ferdinand Marcos Jnr is set to be the first Philippine leader to join the Brics Summit in New Delhi this weekend – presenting him with the perfect “low-risk opportunity” to engage the grouping as Manila continues to diversify its ties, analysts say.

“The president seeks to ensure that our modern partnerships remain open, resilient and capable of delivering prosperity to our people,” Philippine Department of Foreign Affairs spokeswoman Analyn Ratonel said in a press briefing on Wednesday.

“This participation is a strategic opportunity to monitor emerging economic frameworks and to represent the priorities and perspectives of the region, while directly engaging leaders of major emerging economies.”

Brics, an international organisation formed in 2009 of emerging economies, currently counts Brazil, Russia, India, China, Egypt, Ethiopia, Indonesia, Iran, South Africa and the United Arab Emirates among its members.
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