US commerce secretary says alliance with Philippines is ‘iron clad’

March 11, 2024 - 3:45 PM
1051
U.S. Secretary of Commerce Gina Raimondo attends a press conference at the Boeing Shanghai Aviation Services near the Shanghai Pudong International Airport, in Shanghai, China August 30, 2023. (Reuters/Aly Song//File Photo)

 United States Commerce Secretary Gina Raimondo said on Monday her country’s alliance with the Philippines is “iron clad” and that U.S. companies were eager to do business with the Southeast Asian nation.

New investments amounting to more than $1 billion dollars would be announced including in areas like solar energy and electric vehicles, she said during an official visit.

— Reporting by Mikhail Flores, Karen Lema; Editing by Kanupriya Kapoor