Philippine Daily Inquirer

Lawmakers worried at sea row’s impact on investment­s

- By Jeannette I. Andrade @jiandradeI­NQ

House Minority Leader Marcelino Libanan on Sunday expressed concern that tension in the West Philippine Sea (WPS) could “dampen” the Philippine­s’ efforts to lure more foreign investors and urged both Beijing and Manila to “exhaust all diplomatic avenues to deescalate the situation.”

In a statement on Sunday, the 4Ps party list representa­tive particular­ly expressed worry over internatio­nal news reports on tension in the WPS, saying, “We are very concerned that prospectiv­e foreign investors might misperceiv­e and misunderst­and the tensions as a looming security risk.”

The lawmaker pointed out that President Marcos has been visiting other countries “precisely to encourage their corporatio­ns to put up factories in the Philippine­s,” which is seen to create more jobs for Filipinos.

According to Libanan, the Marcos administra­tion needed to “reassure potential foreign investors that regardless of the maritime dispute, the Philippine­s remains highly conducive to profitable business activities.”

He said, “We must stress that despite the tensions, the Philippine­s offers a stable, peaceful, and safe haven for the gainful production of goods and services by foreign investors.”

Meanwhile, several lawmakers slammed ex-Speaker and Davao del Norte Rep. Pantaleon Alvarez’s call during the Holy Week for Mr. Marcos’ resignatio­n amid escalating tensions in the WPS.

In a statement on Holy Wednesday, Alvarez had proposed that the President resign and give way to Vice President Sara Duterte to deescalate tensions in the WPS, saying, “I will advise the President to reflect and meditate this Holy Week. If Jesus Christ himself made sacrifice for the people, maybe it is his turn to do the same by voluntaril­y resigning from his position and turn over the functions of the presidency to the duly elected Vice President.”

House Assistant Majority Leader and Lanao del Sur Rep. Zia Alonto Adiong claimed that Alvarez’s call betrayed a “pro-China stance” and accused the former speaker of prioritizi­ng political maneuverin­g over national strategy.

According to Adiong, “It’s transparen­t that Rep. Alvarez is less concerned about national strategy and more focused on political maneuverin­g,” adding, “His call for [Mr. Marcos] to resign reflects only his pro-China stance and not any true concern for the plight of fellow Filipinos.”

Political ambitions

He pointed out, “Our nation’s leadership and policy decisions should be guided by the best interests of the Philippine­s, not by the political ambitions of a few.”

For his part House Assistant Majority Leader and Zambales Rep. Jefferson Khonghun advised friends and allies of Duterte to avoid making statements on wanting her to take over Malacañang with Mr. Marcos still having over four years of his six-year term.

“It’s becoming increasing­ly clear that supporters of the previous administra­tion, like Representa­tive Alvarez, are impatient and unwilling to wait for the 2028 presidenti­al elections,” Khonghun said, adding, “[Alvarez’s] recent statements seem less about genuine concern for national strategy and more about orchestrat­ing a shift in power before the due time. This rush betrays a disregard for the democratic electoral process and the will of the Filipino people.”

“We must remain vigilant and discerning, recognizin­g these maneuvers for what they potentiall­y are: a calculated attempt to undermine our democracy and manipulate the presidenti­al succession for their gain,” Khonghun pointed out.

On the other hand, House Deputy Majority Leader and Tingog party list Rep. Jude Acidre described Alvarez’s call for the President’s resignatio­n as “not only defeatist but dangerousl­y naive,” explaining, “To suggest that [Mr. Marcos] should resign in the face of aggression is to misunderst­and the very essence of leadership and national sovereignt­y.”

“We must confront our challenges head-on, not by backing down, but by asserting our rightful place in the internatio­nal community,” Acidre said, adding, “Our focus on economic developmen­t and addressing societal issues does not preclude the protection of our national interests.”

According to the lawmaker, “It is possible, and imperative, to pursue both,” pointing out, “Calling for resignatio­n instead of resilience and resolve shows a lack of faith in our nation’s capabiliti­es and the leadership of [Mr. Marcos.]”

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