PH, China ink 29 landmark cooperation agreements

PH, China ink 29 landmark cooperation agreements

The Philippines and China have recently signed 29 landmark cooperation agreements covering cooperation on oil and gas exploration, trade and investment, infrastructure development, agriculture, and education, among others.

The pacts were sealed following the bilateral meeting between President Duterte and Chinese President Xi Jinping in Malacañang. Xi is on a two-day state visit to the Philippines, which marked the first state visit of a Chinese President in 13 years. The Chinese President said the two counties have charted the future course of China-Philippine relations and crafted an “ambitious blueprint” for development.

For his part, Duterte revealed they also tackled cooperation on the reconstruction and rehabilitation of Marawi, the Philippines’ participation in China’s Belt and Road Initiative, mutual concerns on defense, security, maritime cooperation, law enforcement, transnational crime as well as strengthening our partnership in combatting the trafficking of illegal drugs.

He also expressed gratitude to China for its generous assistance during calamities. The President later hosted a state dinner for Xi and his delegation at the Palace.