Strengthening the country’s business and bilateral relations with China with the signing of several new agreements tops the agenda of President Ferdinand R. Marcos, Jr. during his two-day State Visit in Beijing next week.
STRENGTHENING the country’s business and bilateral relations with China with the signing of several new agreements tops the agenda of President Ferdinand R. Marcos, Jr. during his two-day State Visit in Beijing next week.
“It is also expected to build on the growing trade and investment ties between the two economies as well as address security issues of mutual concern,” he added.Imperial noted the President will be accompanied by a “sizable business delegation” during the trip for the completion of new business accords.
Among the pending accords is the renewal of the country’s participation in the Belt and Road Initiative of China to augment the government infrastructure program. Also set to be signed are agreements on tourism cooperation—expected to help draw more Chinese visitors to the country—and creating a direct communication between DFA and its counterpart ministry in China “to avoid miscalculation and miscommunication in the West Philippine Sea” issues.DFA said Marcos will also continue to defend the country’s interest with the WPS during his meeting with Chinese officials.
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