Boracay, Aklan: World Trade Organization (WTO) Director-General Roberto Azevêdo on Saturday lauded the Philippines for its continuing economic progress, noting such growth helped propagate world trade.

“The Philippines is one of the fastest growing economies in the region — thanks in no small part to the competitiveness of its exports. Good governance, openness and dynamism have combined to build a strong trading economy here,” Azevêdo, who attended the Asia Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) meeting, said.