Monday, 29 July 2013

Japan supports Philppines with concessional loan. Both share policy of containment to China.

Japan's Prime Minister Shinzo Abe has promised support for Philippine maritime forces as both countries confront China in separate territorial disputes.
Following a meeting with Philippine President Benigno Aquino on Saturday, Abe announced Japan would provide a concessional loan to build 10 coast guard patrol boats for the Philippines.Aquino says the two reviewed security challenges both countries are facing and promised to co-operate to push for what he calls responsible action from international players in a reference to China.

Source: NewsOnJapan

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