CEBU – ASEAN has to prepare for a new normal of economic disruptions and shocks by pursuing broader and deeper regional cooperation, said Prime Minister Lawrence Wong at the ASEAN Summit on May 8.
He called on the grouping to double down on integration, strengthen energy security in the region and bolster intra-ASEAN supply chains, especially for critical goods such as foods.
This will bolster the region’s resilience against events such as the Covid-19 pandemic, the US Liberation Day tariffs and the current Middle East conflict, he added.
“The realities of the global economy going forward are that there will be more disruptions, more shocks, and more volatility,” he said.
“In this environment, ASEAN must do more to strengthen our collective resilience.”
The implications of the Middle East situation have topped the agenda at the biannual meeting held in Cebu amid a national energy emergency in the Philippines.
South-east Asian countries, which import much of their oil from the Gulf, have been among the hardest hit by the energy supply crisis caused by the war in Iran and the effective closure of the Strait of Hormuz.
Opening the summit at the Mactan Expo, Philippine President Ferdinand Marcos Jr said the increasingly volatile situation in the Middle East has threatened the lifestyles, livelihoods and lives of people in the region.
“Over the past months, each of our countries has had to make adjustments, to modify our approaches. So we come together now to study those adjustments, to find the best approaches, to face the future together,” he said.
Speaking later at the same plenary session, PM Wong extended his condolences to member states that have lost citizens to the conflict.
“We all hope the crisis will end soon, but we have to be mentally prepared that the impact will be with us for some time,” he said.
In the meantime, ASEAN can double down on integration, and one concrete measure is to swiftly ratify the upgraded ASEAN Trade in Goods Agreement (ATIGA) so that it can enter into force within the year, he said.

