Recto: PH hoping to improve trade economic relations with US under Trump

The Philippines is hoping to improve the trade economic relations with the United States under President-elect Donald Trump, Finance Secretary Ralph Recto said Monday.

''We hope we can improve that. We are a national security ally of the United States. I'm sure they're well aware that our economic security... if our economy does better, then we can be a more dependable ally,'' Recto said in an ambush interview.

Recto is also optimistic on having more investments with Washington under Trump's  leadership, adding that the signing of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is very timely to achieve this goal.

Trump was elected President by securing more than the 270 Electoral College votes needed to win the presidency for the second time.

Philippine Ambassador to the United States Jose Manuel Romualdez earlier said the cooperation of America in terms of maintaining stability in the Indo-Pacific region would not change under Trump.

President Ferdinand ''Bongbong'' Marcos Jr. looks forward to working with the returning US president on a wide range of issues that "will yield mutual benefits to two nations with deep ties, shared beliefs, common vision, and a long history of working together."  —RF, GMA Integrated News