President Duterte to launch Dutertenomics at World Economic Forum
admin • May 11, 2017 • 4295
CAMBODIA — President Rodrigo Duterte with his delegation arrived at Cambodia before 6:00 pm (Cambodian Time) to attend a two-day World Economic Forum.
Here, the Duterte administration will launch its Build, Build, Build infrastructure plan.
This is the first time the Philippine government’s infrastructure program will be presented to the international community.
“It will be the first launch internationally of the build, build, build program, otherwise known as Dutertenomics and announcing it to investors, as well as to the international media,” said Usec. Manuel Teehankee, International Economic Relations, DFA.
The President will also get the chance to meet other heads of state and government, top chief executive officers of private companies and regional stakeholders at the various sessions of the World Economic Forum in Cambodia tomorrow afternoon.
The President aims to promote the Philippine economy to invite more investors to the Philippines.
“In my engagements, I shall observe and expect full respect for sovereign equality. Only by doing so will we be able to advance our national interests and collectively push with our partners efforts for sustained growth, security and stability in the region,” said President Duterte.
He will be flying to Hong Kong as well to visit the Filipino community there.
President Duterte will also go to China to attend the Belt and Road Forum for international cooperation to be participated by 28 heads of state and government. He is expected to return to the country on May 16
President Duterte is traveling with his wife Honeylet Avanceña and their daughter Kitty Veronica. — Rosalie Coz, UNTV News & Rescue
President Donald Trump, hardening his stance on China as he struggles to contain the coronavirus, said on Tuesday (July 14) that he signed a legislation and an executive order to hold China accountable for the “oppressive” national security law it imposed on Hong Kong.
Acting on a Tuesday deadline, Trump signed a bill approved by the U.S. Congress to penalize banks doing business with Chinese officials who implement Beijing’s new national security law in Hong Kong.
He said he also signed an executive order aimed at further punishing China for what he called its “oppressive actions” against Hong Kong.
It will end the preferential economic treatment Hong Kong has received for years – “no special privileges, no special economic treatment and no export of sensitive technologies,” Trump told a news conference.
“Hong Kong will now be treated the same as mainland China,” he said.
Taken together, the actions represented a further plunging of U.S. relations with China already strained over the global pandemic, China’s military buildup in the South China Sea, its treatment of Uighur Muslims and massive trade surpluses.
According to a White House fact sheet, the executive order includes revoking special treatment for Hong Kong passport holders.
The former British colony was returned to Chinese rule in 1997 with a law protecting freedoms of speech, assembly and the press until 2047.
The legislation Trump signed calls for sanctions on Chinese officials and others who help violate Hong Kong’s autonomy, and financial institutions that do business with those found to have participated in any crackdown on the city. (Reuters)
China firmly opposes and strongly condemns the U.S. move of signing the so-called “Hong Kong Autonomy Act” into law, said a statement released on the foreign ministry’s website Wednesday.
The U.S. vicious move of slandering the Law of the People’s Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (HKSAR) and imposing sanctions has violated the international law and the basic norms governing international relations and is a gross interference in Hong Kong affairs and China’s internal affairs.
China firmly opposes and strongly condemns it, said the statement.
The enactment and implementation of the Law is completely in compliance with China’s Constitution and the Basic Law, ensuring sustained and steady progress of the principle of “one country, two systems” as an institutional and legal guarantee. It can safeguard China’s national sovereignty, safety and interests, as well as long-term prosperity and stability of Hong Kong, therefore the law has been endorsed and supported by all Chinese people including our compatriots from Hong Kong, said the statement.
Hong Kong is China’s special administrative region and its affairs are entirely China’s internal affairs. No foreign country has the right to interfere.
China will make necessary responses to protect its legitimate interests, and impose sanctions on relevant personnel and entities of the United States, said the statement.
The U.S. vicious move of signing the so-called “Hong Kong Autonomy Act” into law will lead nowhere, said the statement.
To safeguard China’s legitimate interests, the Chinese side has made necessary response and sanctioned relevant U.S. personnel and entities.
The statement pointed out that China urged the U.S. side to correct its mistake as soon as possible, stop its move of signing the so-called act into law and interfering in China’s internal affairs, including Hong Kong affairs.
China will definitely give a firm response if the United States clings obstinately to the wrong course, said the statement. (Reuters)
MANILA, Philippines – The Department of Foreign Affairs (DFA) advised the public to defer visits to its Consular Office in NCR Northeast (Ali Mall Araneta Center, Cubao, Quezon City) as it is closed on Wednesday (July 15).
The temporary closure is to give way for the disinfection of the office premises and implementation of other preventive measures to manage and prevent risks against coronavirus disease (COVID-19).
The Consular Office will resume its operations the following day, Thursday, 16 July.
Affected applicants who have prior appointments and schedules today will be accommodated until August 14 during regular office hours.
The DFA requests the public’s understanding and cooperation as the country continues to battle against the COVID-19 pandemic.
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