Viral Portal News: P650

More Jobs For Filipinos! Duterte Was Able To Rake In P650 Billion Investment!

Unknown 12:17 PM able , billion , Duterte , Filipinos , investment , jobs , More , P650 , Rake

<div style="text-align: justify;"><br/><div class="hidepic" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4HnwtftlMkPviV8MjN4ZTUtIb3rbRTQWXxpWcR-kmr1cmbhIPatWjA_FCjyAW2rMy1yxZSP2OcJUoU47mVUY7RXFSLEpKvqCOtZkMRelGR6eNhqDmzWDl9PuhvV-HMB2x8zSfHEk-YZ4R/s1600/duterte%2526china.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4HnwtftlMkPviV8MjN4ZTUtIb3rbRTQWXxpWcR-kmr1cmbhIPatWjA_FCjyAW2rMy1yxZSP2OcJUoU47mVUY7RXFSLEpKvqCOtZkMRelGR6eNhqDmzWDl9PuhvV-HMB2x8zSfHEk-YZ4R/s1600/duterte%2526china.jpg"/></a></div><br/><p><b><br/></b></p></div><br/><div style="text-align: justify;">President Duterte’s trip to <b>China </b>this week resulted to the signing of PH and <b>China $ 13.5 billion</b> deal as said by Trade and Industry <b>Secretary Ramon Lopez</b> last Thursday.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">At a Business Forum, Lopez gave a remark after <b>Chinese President Xi Jinping</b> came across President Duterte. Lopez mentioned that the visit was a <b>“milestone”</b> that could help to straighten out the ties between China and Philippines after the dispute in the South China Sea.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;"><b>President Duterte</b> prioritizes trips to ASEAN and Asian countries for economic integration. Another result was the opening of opportunities for trade and investments.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">It was also mentioned that ties with the west will continue to be pursued. However, our country longs for a stronger union with our neighbors. </div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">Here is the list of agreements between China and the Philippines:</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">-MOU on Production Capacity and Investment Cooperation and the Agreement on Economic and Technological Cooperation between the Government of China and the Philippines.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">-MOU on Strengthening Trade, Investment and Economic Cooperation, the MOU on Drafting China-Philippines Economic Cooperation Development Plans and he Tourism MOU Implementation Plan 2017-2022.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">-MOU on the list of Transportation and Infrastructure Cooperation Projects and the MOU on Financing Cooperation between the China’s EXIMBANK (Export-Import Bank of China) and the Department of the Treasury of the Philippines.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">-Agricultural Cooperation Action Plan 2017-2019 and the Protocol on Cooperation between PDEA of the Philippines and the Narcotics Control Bureau of the Ministry of Public Security of China.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">-MOU on the Establishment of a joint Coastal Guard Committee on Maritime Cooperation and the </div><br/><div style="text-align: justify;">-MOU on Supporting Conduct of Feasibility Studies for Major Projects. </div><br/><div style="text-align: justify;">-MOU on News and Information Exchange Training and for Other Purposes</div><br/><div style="text-align: justify;">-MOU on Cooperation on Animal and Plant Inspection and Quarantine.</div><br/><div style="text-align: justify;"></div><br/><div style="text-align: justify;">Also, China committed $ 9Billion for the PH Development Drug Rehab. They committed a soft loan for the diverse development projects that includes drug rehabilitation programs.  </div><br/><div style="text-align: justify;"></div><br/> <div class="separator" style="clear: both; text-align: center;"><img alt="More Jobs For Filipinos! Duterte Was Able To Rake In P650 Billion Investment!" height="384" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpTmdOJXCrHcwC_CsfreUHYY4MCQUd4OiIdbivcCg-MGeOMn9W21rPKYF3OdQq6I2q4os4QJuQFUtIZ_bu-afA9lqO6P60oGJ-NwHxjOjM3DH0Z6VC_eOVuuWsbNY8U_QNupBONwjv0Wej/s640/duterte.jpg" title="More Jobs For Filipinos! Duterte Was Able To Rake In P650 Billion Investment!" width="640"/></div><br/><div style="text-align: center;"><span style="color: #666666; font-size: x-small;">Source: <a href="http://viralvidyos.blogspot.com/" target="_blank">TNP</a>, <a href="http://news.abs-cbn.com/business/10/20/16/china-philippines-to-sign-135b-in-deals-trade-sec-lopez" rel="nofollow" target="_blank">ABS-CBN</a></span></div>

President Duterte’s trip to China this week resulted to the signing of PH and China $ 13.5 billion deal as said by Trade and Industry Secre...