← Retour à la une
Asie · Agences & temps réel · Philippine News Agency

Canada trade ties to boost PH hydropower, nuclear plans

Publié par Philippine News Agency · Philippines il y a 16 h
Canada trade ties to boost PH hydropower, nuclear plans
Canada trade ties to boost PH hydropower, nuclear plans · Philippine News Agency

Résumé détaillé

MANILA – The Philippines’ push to develop its hydropower and nuclear energy sectors is expected to gain momentum from stronger trade ties with Canada, Energy...

ENERGY SECURITY. Department of Energy Secretary Sharon Garin on Sunday (Nov. 15, 2026) underscored the importance of the Association of Southeast Asian Nations’ greater trade partnership with Canada. She said Canada’s tie-up with ASEAN through a free trade agreement will help bolster the Philippines’ energy sector. (Photo by Joann Villanueva)

MANILA – The Philippines’ push to develop its hydropower and nuclear energy sectors is expected to gain momentum from stronger trade ties with Canada, Energy Secretary Sharon Garin said Sunday.

Garin, in an interview after her speech at the Canada-ASEAN Business Forum in Parañaque City, said Canada’s tie-up with the Association of Southeast Asian Nations (ASEAN) as well as the Philippines, through a free trade agreement (FTA), will help bolster the Philippines’ energy sector.

“The expertise of Canada in hydro and nuclear can be brought to the ASEAN community, and the ASEAN community is a good market in terms of needing more investments in energy, as well as needing more advanced technologies in energy,” she said.

FTA discussions between the Philippines and Canada concluded on Saturday, during the bilateral talks between President Ferdinand R. Marcos Jr. and Canadian Prime Minister Mark Carney on the sidelines of the 49th ASEAN Summit and Related Summits.

“So, we are quite hopeful that with these agreements, we will have more partnerships with Canada, not just the Canadian government or the provinces, but also the Canadian businesses,” she added.

In her speech, Garin said energy security is needed in the 11-member regional bloc, home to over 700 million people, since its energy demand in 2022 is projected to double by 2050.

“Meeting that demand will require us to navigate an evolving global landscape,” she said, citing the impact of the Middle East crisis.

This issue is targeted to be addressed by, among others, the ASEAN Plan of Action for Energy Corporation 2026-2030, she said, referring to the program aimed at integrating the…

Début de l'article, extrait de Philippine News Agency. Pour lire la suite, ouvrez l'article chez le média.

Lire l'article complet sur Philippine News Agency Connectez-vous pour sauvegarder

MarketNews présente le titre et le résumé publiés par le média. L'article complet se lit sur le site de l'éditeur. (www.pna.gov.ph)

À lire aussi