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Asia
Washington Global Advisors (WGA) has an emerging practice to assist clients in selected countries in Asia where our in-house experiences and strengths can add value on all four of our practice offerings. Currently we are engaged with the Philippines, Sri Lanka and ROC Taiwan. Manila under new leadership with President Marcos is becoming a serious competitor to other ASEAN countries in the IT and manufacturing space, while its strategic value has increased as the PRC tests Philippine sovereignty and resolve daily.
Sri Lanka is also emerging as a reliable partner to the US. After the elections in Q4 of 2024, a more broad-based government might emerge and renewed political stability could be forthcoming as the need for economic, political and land reform takes center stage. Taiwan has always been a crucial partner of the US on numerous economic fronts. It’s strategic importance and manufacturing base has now made the ROC an indispensable contributor for the US economy that guarantees it will have front-page relevance for years to come.