Japan ramps up aid to PH

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Japan ramps up aid to PH
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MSEditorial 'Japan ramps up aid to PH'

During his term, he helped strengthen bilateral ties, making Japan one of our leading trading partners and the biggest source of official development assistance with a total of over USD14 billion in concessional loans contracted by the Philippine government in the past two decades.

Tokyo has offered to help Manila develop its own armored vehicles, ammunition and satellites, among others, through a collaboration between Japanese and Philippine companies.Mitsubishi Heavy Industries has offered to transfer technology and work with a local counterpart to manufacture parts for an entire armored vehicle.

The foreign affairs and defense ministers of the two countries met in April to expand defense cooperation amid concerns over the situation in the East and South China Seas and Russia’s ongoing invasion of Ukraine.

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