US bares $500-million for PH military, coast guard

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US bares $500-million for PH military, coast guard
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The US on Tuesday announced a fresh $500-million funding for the Philippines' military and coast guard as the countries sought a new key accord on real-time information-sharing and defense technology cooperation amid a shared concern over an increasingly aggressive China.

”The four officials also announced “progress” in the talks toward a General Security of Information Agreement , to conclude it before yearend. GSOMIA would enhance information-sharing between the two allies and allow for greater transfer of U.S. defense technology and information to the Philippines.Blinken said these security collaborations would strengthen the Philippines’ military capability as it shifts to external defense.

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