Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Trilateral deal to change South China Sea dynamic – Marcos

MANILA, Philippines — A cooperation agreement among the Philippines, the United States and Japan will change the dynamic in the South China Sea and the region, President Marcos said on Friday, while seeking to assure China it was not a target.

“I think the trilateral agreement is extremely important,” Marcos told a press conference in Washington, a day after meeting US President Joe Biden and Japanese Prime Minister Fumio Kishida in the nations’ first trilateral summit.

“It is going to change the dynamic, the dynamic that we see in the region, in ASEAN (Association of Southeast Asian Nations), in Asia, around the South China Sea,” the chief executive added.

The three leaders expressed “serious concerns” about China’s “dangerous and aggressive behavior” in the South China Sea, a conduit for more than $3 trillion of annual ship-borne commerce with various maritime disputes among China and other countries.

Still, Marcos said the summit was “not against any country” but had focused on deepening economic and security relations between Manila, Washington and Tokyo.

China claims almost the entire South China Sea, despite a 2016 ruling by the Permanent Court of Arbitration found Beijing’s sweeping claims had no legal basis.

Philippine and Chinese ships have had a series of run-ins in the past month that included the use of water cannons by the latter and heated verbal exchanges.

Beijing on Thursday summoned Manila’s ambassador to the country and a Japanese embassy official to oppose what its foreign ministry described as “negative comments” against China.

The deepening China-Philippines row coincides with an increase in security engagements with the US under Marcos, including expansion of US access to Philippine bases, as well as with Japan, which is expected to sign a reciprocal troop pact with Manila.

Biden has asked Congress for an additional $128 million for infrastructure projects at the Philippine bases.

Marcos also expressed confidence that around $100 billion in possible investment deals over the next five to 10 years from the summit will come to fruition.

While in Washington, Marcos also met with Defense Secretary Lloyd Austin, who assured him of continued US

Read more on philstar.com