ABS-CBN
Venezuela political woes will not have 'perceptible effect' on PH: DEPDev chief
The Department of Economy, Planning, and Development (DepDev) Secretary Arsenio Balisacan stated that the conflict between the United States and Venezuela will not impact the Philippine economy.
Balisacan emphasized that the Philippines has minimal direct or indirect economic ties to Venezuela, making any perceived effect negligible.
Earlier, the Philippine Department of Foreign Affairs had expressed concern over the escalating conflict and urged both nations to uphold international law and pursue peace.
The situation escalated following a US military operation that resulted in the arrest of Venezuelan President Nicolás Maduro and his wife, Cilia Flores.
Maduro was brought to the US to face charges, which he claims are a pretext for the US to seize Venezuela's oil reserves.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Philippines is closely monitoring the escalating tension in Venezuela after US forces arrested President Nicolas Maduro.
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The Philippines, through the Department of Foreign Affairs (DFA), has expressed concern over the events in Venezuela, particularly the capture of its leader Nicolás Maduro by the United States.
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Filipino lawmakers and groups have condemned the United States' attack on Venezuela, labeling it a violation of the South American nation's sovereignty and international law, and a move that undermines the rules-based international order.
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