Washington To Provide US$500 Million to the Philippines
Washington has agreed to provide US$500 million in military funding to the Philippines following a meeting between the U.S. secretary of state and defense secretary and their Philippine counterparts.
Category
🗞
NewsTranscript
00:00Washington is shoring up ties in the Indo-Pacific with 500 million US dollars
00:05in proposed military funding for the Philippines. U.S. Secretary of State
00:10Antony Blinken and Defense Secretary Lloyd Austin met with Philippine
00:14President Ferdinand Marcos Jr. in Manila. The proposed pact aims to boost the
00:19Philippines defenses amid China's increased military presence in the
00:23region. Marcos says close ties between Manila and Washington are needed for an
00:28agile response to tension in the South China Sea.