US Defense Ties to Spur Philippine Investments, Envoy Says
- Philippines seeks slice of US chips investment, Romualdez says
- Manila is key to US’ China deterrence strategy: ambassador
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The Philippines’ stronger defense relations with the United States can help unlock business deals for the Southeast Asian nation as Washington and its allies seek alternatives to China, according to Manila’s envoy to the US.
“The basis for better economic ties with the US now is our relationship on the defense side,” which Ambassador Jose Manuel Romualdez described as “clearly balanced” under President Ferdinand Marcos Jr. compared to periods in the past when the US may have taken the relationship for granted.