Last updated on May 17th, 2021 at 11:37 am
METRO MANILA – President Rodrigo Duterte said that he will not terminate Chinese contractors who are currently involved in Philippine infrastructure projects, despite proposal from the nation’s top diplomat to end the deals with Chinese companies involved in South China Sea reclamation.
President Duterte said that it will not follow the United States’ move to blacklist the Chinese firms as the country is an independent state and needs investment on its infrastructure projects.
Foreign Affairs Secretary Teodoro Locsin last week recommended to end all contracts involving Chinese companies which the U.S also sanctioned.
The country’s project with the Chinese companies involves the Sangley airport of state-owned China Communications Construction and Philippine billionaire Lucio Tan’s MacroAsia
Presidential spokesperson Harry Roque said that the country needs investors from China and that the termination of the contracts would not be in the best interest of the country. The Philippines has warmed its ties with China since Duterte was elected in 2016. He wants to establish diplomacy with China while also protecting the country’s claim in the South China Sea.
The 2024 Vietnam International Defense Expo was inaugurated by the Prime Minister Pham Minh Chinh on December 19, 2024 and…
Created by the Duffer Brothers, Stranger Things is one of the most popular sci-fi horror series globally. It is set…
According to the US Department of Defense, China has now produced the most sophisticated supply of hypersonic weapons in the…
The Melaka International Halal Festival 2024 aims to turn the city as the prime center of the Halal products and…
On Saturday, the stalwart of Chunichi Dragons Pitcher, Hiroto Takahashi attended the negotiation for his contract renewal for the next…
US President Joe Biden has cancelled another $4.28 billion in student loans for nearly 55,000 people across the country, the…
This website uses cookies.
Read More