US sees corruption in Philippines a 'big' problem
Corruption in the Philippines and Pacific Rim economies is among the key issues the United States seeks to address under the Asia-Pacific Economic Cooperation (APEC), a senior American diplomat said. Robert Wang, US senior officialfor APEC, said regional leaders such as China and the US see corruption is a "big" and "pervasive" problem hindering economic exchanges, free trade and development in the region. "How do you continue to sustain growth without dealing with this issue? Because it essentially produces unfair sort of disparity of wealth and no rule of law, so in the long term, you really have to deal with it," Wang said.
Read the story by Camille Diola in the Philippine Star.
Read the story by Camille Diola in the Philippine Star.