U.S.., may $500-M grant para sa modernisasyon ng AFP at PCG
U.S.., may $500-M grant para sa modernisasyon ng AFP at PCG
Category
🗞
NewsTranscript
00:00It was announced that the United States will invest 500 million U.S. dollars or more than 29 billion pesos in the grant for the modernization of the Armed Forces of the Philippines and the Philippine Coast Guard.
00:13It was announced after the 2 plus 2 ministerial meeting of the Philippines and America.
00:19According to U.S. Secretary of State Anthony Blinken, the grant is part of the alliance between the two countries.
00:27U.S. Defense Secretary Lloyd Austin III said that the U.S. is helping the Philippines to have a free and open Indo-Pacific region.
00:38The U.S. will also provide an additional 128 million U.S. dollars of investment for EDCA sites.
00:47According to U.S. Defense Secretary Guilbao Choloro, aside from improving the defense posture of the country, it will also help in humanitarian assistance and disaster response.
00:57Officials assured that the upcoming elections in the United States will not affect the relationship between the two countries.
01:16We have been partners for seven decades, but it even goes beyond that.
01:20And in all those years, our relationship has held firmly and in fact has only grown more productive.
01:27And in fact, now we could even say our relationship is at a high point.
01:32I do not see any partisan political detraction from our positions because they are based on principle.