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(Eagle News)–Senator Ralph Recto has hailed the memorandum of agreement on oil development between the Philippines and China. In a statement, Recto noted that Chief Justice Antonio Carpio and former Foreign Affairs Secretary Alberto del Rosario have said that our interests are “safe” and that “nothing is being given away” by the Philippines in the agreement. “This seal of a good agreement from two eminent experts bodes well for the eventual forging of a constitutionally-compliant venture […]
(Eagle News) — Senator Koko Pimentel on Friday, Nov. 23, hailed the government’s decision to call off the deployment of the Philippine Navy to Panatag Shoal in 2016, after the international tribunal ruling that invalidated China’s excessive claims in the West Philippine Sea. “For me it was a good call,” Pimentel said, after Defense Secretary Delfin Lorenzana revealed the aborted plan prompted by President Rodrigo Duterte’s insistence the country employ a soft approach instead. According to […]
(Eagle News) — Energy Secretary Alfonso Cusi on Friday, Nov. 23, gave the assurance that the rights of oil companies who were awarded service contracts will be protected. Cusi made the statement after the Philippines and China inked a memorandum of understanding that would allow for a joint oil and gas development cooperation between the two countries. “I understand that there is great interest in the MOU signed with China. I would ask for everyone’s […]
(Eagle News) — Opposition senator Risa Hontiveros said President Rodrigo Duterte failed to assert Philippine sovereignty and the Constitution when he signed a framework agreement with China on joint maritime oil and gas exploration. Hontiveros made the statement after she read what she said was a draft of the pact that was leaked to the media. “Dehadong-dehado ang Pilipinas sa ‘kasunduan,’” she said. For instance, based on the document she read, she said there was […]
(Eagle News) — Senator Francis Escudero on Wednesday, Nov. 21, said the agreement for oil and gas development cooperation inked between China and the Philippines could have an effect on the two countries’ claims in the West Philippine Sea. In a statement, Escudero said this was because the pact, if entered into by the governments themselves, could have an “effect” on the arbitral ruling that nullified the excessive claims of China over the sea in […]
(Eagle News) — President Rodrigo Duterte has accepted Chinese President Xi Jinping’s invitation for him to visit China in April 2019. According to a joint statement issued by the Philippines and China after Xi’s two-state visit, the invitation was specifically for President Duterte to attend the second Belt and Road Forum for International Cooperation to be held in Beijing. President Duterte attended the first Belt and Road forum last year. “President Xi Jinping appreciated the warm […]
(Eagle News) — Chinese leader Xi Jinping left the country on Wednesday, Nov. 21, ending his two-day state visit in the country. Xi departed from the Ninoy Aquino International Airport Terminal 1 past 1 p.m. During his stay, Xi and President Rodrigo Duterte witnessed the signing of 29 agreements that included a memorandum of understanding on oil and gas exploration. Xi also met with legislators to strengthen what authorities described as parliamentary cooperation. Xi was […]
(Eagle News) — For Foreign Affairs Secretary Teodoro Locsin Jr., it matters who drafted the agreement for Beijing and Manila to jointly explore waters inside the Philippine Exclusive Economic Zone. Locsin made the statement in a Twitter post on Wednesday, Nov. 21, after Presidential Spokesperson Salvador Panelo said “it doesn’t matter who drafted it”–whether China or the Philippines—for as long as the Philippine side goes over it. Panelo issued the statement after opposition senators sought […]
(Eagle News) — Philippine President Rodrigo Duterte and Chinese President Xi Jinping witnessed on Tuesday, Nov. 20, the signing of 29 memoranda of understanding (MOU) and other agreements covering trade, cultural and educational cooperation, infastructure development, and oil and gas exploration and development between the two countries, among others. The signing of the various agreements were done on the first day of Xi’s historic two-day state visit in the country. Xi is the first […]
Charts on Philippine-China trade.
(Eagle News)—Chinese President Xi Jinping has arrived in the Philippines. His plane landed at the Ninoy Aquino International Airport (Naia) at 11:30 a.m. The Chinese President was welcomed by Armed Forces chief General Carlito Galvez, Philippine Ambassador to China Chito Santa Romana, Finance Secretary Carlos Dominguez III, and Chinese Ambassador to the Philippines Zhao Jianhua. Xi is expected to participate in a wreath-laying ceremony at the Rizal Park. He will then proceed to Malacañang, where he […]
by Cecil Morella Agence France Presse MANILA, Philippines (AFP) — |Chinese President Xi Jinping lands Tuesday for his first state visit to the Philippines, a traditional US ally that is a key prize as Beijing and Washington jostle for supremacy in the Pacific. China won a windfall partner with the 2016 election of President Rodrigo Duterte, who has rattled the Philippines’ century-old bond with the US while courting trade and investment from the rising […]
