The 48th ASEAN Summit opened in Cebu on May 6, 2026, as the Philippines—ASEAN chair for the year—hosts a scaled-down gathering of Southeast Asian leaders amid the global oil crisis, food insecurity, and concerns for migrant workers affected by the US-Israel war on Iran.
Following President Ferdinand Marcos Jr.'s earlier announcement to proceed with a 'bare-bones' format (as reported in prior coverage of the Philippines' 2026 ASEAN Chairmanship), the 48th ASEAN Summit and related meetings commenced on May 6 in Cebu province. The event, running through May 8, prioritizes responses to economic shocks from the Middle East conflict.
Local preparations included special non-working days in Lapu-Lapu City and Cordova to manage traffic and security. ASEAN 2026 National Organizing Council Director-General Ma. Hellen De La Vega confirmed readiness for contingencies, including weather, with traffic simulations held on May 5.
Early outcomes include ASEAN economic ministers' agreement to bolster free trade pacts and ratify a petrol security deal. The Philippines called on Myanmar to release more prisoners, including Aung San Suu Kyi, welcoming a recent amnesty. Thailand's foreign minister pushed for talks with Myanmar, while low-pressure areas raised weather concerns for the Visayas and Mindanao.