Marcos flying to Saudi Arabia on October 19 for ASEAN-GCC Summit

Marcos is expected to put a positive word on the Maharlika Investment Fund, and discuss with Gulf leaders how to further protect Filipino workers in the Middle East

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The President might hold bilateral meetings with officials of Saudi Arabia and Bahrain to talk about the Philippines’ diplomatic relationships with the two nations, and is expected to meet with the Filipino community in Riyadh before the start of the summit. Asked if Filipinos could expect oil price rollbacks after Marcos’ trip, he added: “Indirectly, yes, because the basic root of the high energy prices are shortages and instability in the region. If the two regional organizations can cooperate on that… we can assure ASEAN of continued and consistent volume of supply throughout the year.”

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