The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday.
WASHINGTON – The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday.
“China will continue whatever investments it chooses to make. This is separate from any proposed or potential Chinese investments in the Philippines. How do I see it? How will it affect? I don’t see that it will affect, one way or the other,” he added. According to Marcos, the trilateral agreement is not something that is only about convenience or borne out of a new situation but “a continuing evolution” of the Philippines’ relationship with the US and Japan.
“I’m sure you know by now I’m a great believer in coalitions and alliances. So, that is a major step for the Philippines, for the US and for Japan. I think in the years to come we’ll begin to see the wisdom of it. We’ll start to see – actually not even years – within the year we will start to begin to see the wisdom of having that trilateral agreement and why it is a good thing to enter into,” the Chief Executive said.
“By bringing together key stakeholders to discuss critical issues and explore collaboration opportunities, we aim to propel the country’s economic growth and development to new heights, creating more jobs and livelihood opportunities for our people,” he added. “This is a good development. This is the first time I am hearing of a Luzon corridor. But many are asking why not talk about the development of Mindanao,” Marcos said in a dwIZ interview yesterday.Get gorgeous hair for less: Enjoy up to 50% off + buy 1 get 1 free at Watsons hair saleGlobal Dominion spreads love, appreciation to its partner car dealersThe implementation of the modified work schedule of local government offices in Metro Manila will be deferred by two wee...
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