19 deals signed during Duterte’s ‘highly successful’ trip to China — Palace
Robie de Guzman • April 29, 2019 • 2140
MANILA, Philippines – The “highly successful” fourth official visit of President Rodrigo Duterte to China has yielded 19 signed business agreements on investments, Malacañang announced on Sunday.
Presidential Spokesperson Salvador Panelo said Duterte’s latest trip to Beijing paved the way for the signing of $12.16 billion estimated worth of business deals which will generate more than 21,000 jobs for Filipinos.
These agreements include investments in energy, infrastructure, tourism, internet connectivity, agriculture, and training of Filipinos working in China, among others.
“As PRRD (President Rodrigo Roa Duterte) noted, the People’s Republic of China is the largest trading partner and a major source of foreign investments of the Philippines,” Panelo said in a statement.
Duterte assured prospective foreign investors that the Philippine government will create an enabling environment for their investments to prosper.
Duterte and his delegation attended the second Belt and Road Forum in Beijing last week. The President also held separate bilateral meetings with Chinese President Xi Jinping and Premier Li Kequiang.
Panelo said the bilateral talks, described as “productive and fruitful,” yielded a one billion Renminbi grant to the Philippines.
The President also affirmed during the bilateral talks the country’s commitment to friendship and understanding with China.
“He expressed the country’s readiness to pursue more high-quality and good impact projects,” Panelo said.
On the territorial dispute in the West Philippine Sea (South China Sea), Duterte reiterated to China his resolve to make it a sea of peace, prosperity and stability, and address the issue through bilateral talks.
He also expounded the need for both countries to exercise restraint and caution to avoid actions that could complicate situations.
Panelo also assured Filipinos that Duterte is chartering an independent foreign policy “to a new height of diplomatic relations with other nations.”
He said this will be solely based on the country’s national security and interest and towards a direction that will contribute to national development and the realization of the aspiration to attain economic progress and comfortable life. – Robie de Guzman (with details from Rosalie Coz)
MANILA, Philippines – President Rodrigo Duterte expressed sympathy to those who were affected by the earthquake in several parts of Mindanao, according to Presidential Spokesperson Salvador Panelo.
In a statement, Panelo said the administration is asking the public to refrain from spreading disinformation which may cause undue alarm, panic, and stress to many.
In view of possible aftershocks, the Palace asks the public to remain calm and vigilant.
Panelo also gave the assurance that the national government, through the Philippine Institute of Volcanology and Seismology (PHIVOLCS), is closely monitoring the situation and that the President has already ordered concerned agencies to act appropriately in assisting those who were affected.
“The Office of the President has already tasked all concerned agencies of the government to mobilize, respond and provide immediate assistance to those in need, as well as to study plans on how to rehabilitate the damaged areas,” Panelo concluded. MNP (with details from Rosalie Coz)
MANILA, Philippines – President Rodrigo Duterte has named former House Speaker Feliciano “Sonny” Belmonte as Special Envoy to Japan.
Based on a document from Malacañang released on Wednesday, Belmonte was appointed as special envoy to Japan for trade and market access.
Belmonte was appointed by Duterte on Oct. 15, Tuesday.
He served as Representative of the 4th District of Quezon City for three terms, and was elected as House speaker of the 15th and 16th Congress during the time of former presidents Gloria Macapagal-Arroyo and Benigno Aquino III, respectively.
Belmonte was Liberal Party’s former vice chairman before he resigned in September last year. – RRD (with details from Correspondent Rosalie Coz)
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