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Philippines stakes claim as Latin America’s Asean gateway

Economy World


The Philippines is positioning itself as Latin America’s bridge to Southeast Asia, testing whether shared history and culture can translate into hard trade figures as Asean and the Mercosur bloc look beyond their traditional partners.
Manila’s Foreign Secretary Maria Theresa Lazaro made the pitch during visits to Brazil and Chile from August 10-13.

“Upon this human foundation, commercial bridges thrive: the Philippines stands as the premier strategic gateway for Latin American firms expanding into Asean’s US$4-trillion market,” she told an audience in Chile, referring to the two regions’ shared Spanish colonial history, Catholic faith and people-to-people ties.

Lazaro also floated the idea of expanding logistics links – citing the regional presence of Philippine port operator International Container Terminal Services – as a way to cut costs and shield supply chains from global shocks via direct trans-Pacific shipping routes.

A container ship enters the Panama Canal from the Pacific Ocean earlier this year. Photo: AFP
A container ship enters the Panama Canal from the Pacific Ocean earlier this year. Photo: AFP
The pitch lands in a crowded field, however: Singapore remains Southeast Asia’s dominant commercial, financial and logistics hub, while Vietnam and Indonesia have attracted growing interest from companies looking to diversify supply chains.

It also comes as the Association of Southeast Asian Nations and Mercosur – a South American trade bloc whose members include Brazil, Argentina, Bolivia, Paraguay and Uruguay – look for new partners amid US tariffs, energy insecurity and wider geopolitical uncertainty.

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